AZ, Condo, Refinance, $560K, 700 FICO, 60% LTV
Posted on 6/6/2016 9:42:34 AM
Owner seeks to refinance a 15 unit Condo located in Phoenix, Arizona
Amount of financing sought: $460,000 based on Original purchase price of $540,000
in which purchaser put down $108,000.
Zillow Estimates of Units (Upper Value: June 2016) is upwards of $900,000
Monthly Revenue is $11,000 / Month
Simple Interest Rate of about 8% Payable in Monthly Payments.
Loan Term Desired is 1 Year or more. Then balloon payment would be due.
Closing of Transaction to be done by a "Title Company".
such as Pioneer Title Company, in Phoenix Arizona.