Monthly Archives: April 2011

Need Condo Lender Quickly

I need a lender in Ohio that will lend on a Purchase for a 12 unit condomium complex.  11 of 12 units are rented and loan is for 70% of actual Value.  The purchase agreement shows the buyer getting a $460,000 first mortgage, seller carry back of $30,000 and down of $25,000.  DTI is good