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@flipped_out
Private Capital·3h ago
Financing Flexibility
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@flipped_out
Equity 231·Posted 3h ago
Non-recourse loan with 75% LTV, 10-year term
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Non-recourse loan with 75% LTV, 10-year term
I've seen similar deals in the Lexington market, but I'm cautious about the appraisal assumption. How much capital actually came out of this deal after closing costs and rehab expenses? In our local market, we've seen appraisals come in lower than expected, affecting the overall ROI. Can you share more details on the property analysis and how you accounted for potntial appraisal gaps?