4plex Acquisition Financing Los Angeles, CA

 

4plex Acquisition Financing

Los Angeles, CA

 

  • $1,400,000
  • 5 year term
  • 6 months of debt service escrowed with lender and released upon leasing of all units
  • Funding Source: Local Bank
  • 4 Unit newly constructed apartment building delivered vacant
  • 6 months to close due to delay of CofO
  • 1st time inexperienced RE investor