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Updated 6 months ago on . Most recent reply

Karolina Powell's profile image
Karolina Powell's profile image
Karolina Powell
  • Member since May 8, 2021
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Karolina Powell's profile image
Karolina Powell's profile image
Karolina Powell
  • Member since May 8, 2021
Connect
Karolina Powell
76
Votes |
98
Posts
Classifieds

Mixed use property - any 30 year fixed products under 7%?

Karolina Powell
Posted

I'm looking at a 13 unit, ten apartments over 3 storefronts along with a parking lot, purchase price 750K, square footage wise and revenue wise it's largely residential. I'm hoping for 80% LTV. 790+ credit score, great W2 income if needed, DSCR 1.2+, 7.2% cap rate. Located in Pennsylvania. Anyone see something that fits or am I looking for a unicorn?

  • Karolina Powell
    • Looking for
    Pittsburgh, Pennsylvania
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    Craig Warner's profile image
    Craig Warner's profile image
    Craig Warner
    • Lender
    • from Nationwide Lender / Novus Home Mortgage, a division of Ixonia Bank / NMLS #423065; Craig Warner / NMLS #129642
    • Member since Sep 6, 2024
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    User Stats

    78
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    15
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    Craig Warner's profile image
    Craig Warner's profile image
    Craig Warner
    • Lender
    • from Nationwide Lender / Novus Home Mortgage, a division of Ixonia Bank / NMLS #423065; Craig Warner / NMLS #129642
    • Member since Sep 6, 2024
    Connect
    Craig Warner
    • Lender
    • Nationwide Lender / Novus Home Mortgage, a division of Ixonia Bank / NMLS #423065; Craig Warner / NMLS #129642
    15
    Votes |
    78
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    Craig Warner
    • Lender
    • Nationwide Lender / Novus Home Mortgage, a division of Ixonia Bank / NMLS #423065; Craig Warner / NMLS #129642
    Replied

    Hi Karolina, I'm working on that unicorn for you......

    1 Vote
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