Loan amount
$200,000
Loan type
As-Is Property Value
$260,000
LTV
77%
{LTV}
Property type
Single family home
Borrower Details
Credit score
650
Deal experience
1 deal
This loan scenario was submitted by a Broker
Property Details
State
Ohio
Loan Details
Additional Loan Information
House is up for bid in online auction; would like to make an offer. Current bid is $153K. HUBZU Property ID 90016137683 / MLS 4156308. Located in Canal Fulton, OH. Renovation budget of $30-40K. Comps in the neighborhood put it at $260-280K after repairs. I would be looking for a 12 month loan and would be looking to sell the property once the work is finished. It is possible that I could sell the home I currently live in (down the block) and move in to this one.
Status
Closed
Created
December 24, 2019 - 1:25pm
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