Loan amount
$67,000
Loan type
Refinance
{Cash-Out}
As-Is Property Value
$121,000
LTV
55%
{LTV}
Property type
Single Family
Borrower Details
Credit score
664
Deal experience
2 deals
This loan scenario was submitted by a Broker
No
Property Details
City
Fieldale
State
Virginia
Loan Details
Current mortgage balance
$17,000
How much cash-out are you looking for?
$50,000
Additional Loan Information
The property is already owned just looking for finance for the rehab we’ve already invested 5000 of our own money to start the rehab with a contractor that’s licensed and insured bought the property two years ago this will be our second property for buying rehab then rent the first project was a mobile home that was 5000 and the invested 10000 into the rehab and now is worth 40000 and being rented only looking for an asset based loan no credit to save us both time not looking for just finances looking for an investor that will see what it is we are trying to do and be apart of that and build a partnership that turns into building wealth we look forward to u reaching out if u see yourself being this person
Status
Open
Created
November 10, 2021 - 7:20pm
Hard Money Lenders Now Offering Real Estate Investor Loans in Virginia Virginia Beach | Chesapeake | Norfolk | Richmond | Newport News | Alexandria Hard Money Loans | Refinance Cash-Out | Purchase | Fix-N-Flip | Commercial | Construction | SBA Business Loans