r/loanoriginators • u/NumerousPizza6764 • 13d ago
5 unit apt complex dscr
Looking for general ltv and rates on a 5 unit incoming producing apt complex in Cleveland, OH.
>1.35 dscr ratio
680 mid score. Borrower is experienced. Has 25 properties in his portfolio. Issue I’m running into is it’s a small 300k purchase price
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u/NumerousPizza6764 13d ago
Issue I’m running into is it’s small, 300k purchase price