Loan amount
$80,000
Loan type
As-Is Property Value
$95,000
LTV
85%
{LTV}
Property type
Family cabin
Borrower Details
Credit score
500
Deal experience
None
This loan scenario was submitted by a Broker
Property Details
State
Vermont
Loan Details
Additional Loan Information
This is an off-grid four-bedroom cabin on 5.6 Acres. We are currently in contract and looking to close soon. We would be staying in the cabin when we have time and then would rent it out the rest of the time. It is a very roomy cabin with a new wood stove and a full-size kitchen 1 full bath and four bedrooms. It has two large decks on the front of the property for sitting and relaxing. There are snowmobile and ATV trails directly across the street and we would be able to rent out the property all year long. Prefer to be contacted by email.
Status
Closed
Created
October 27, 2020 - 8:42pm
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