• (800) 510-2214
  • info@albcommercialcapital.com
  • Cal BRE License #01379610
  • (800) 510-2214
  • info@albcommercialcapital.com
  • Cal BRE License #01379610

8 Units Multifamily

Another Successful Funded Loan

  • $1,000,000
  • 5 Year Fixed @ 4.150%
  • Purchase-62% LTV
  • 8 Units
  • Multifamily Property
  • Long Beach, CA

ASSIGNMENT:

Loan to purchase the property.

CHALLENGE:

Low rents made the property DCR challenged.

SOLUTION:

Placed the loan at the lowest underwriting rate and lowest DCR at the time to yield the highest LTV.