Loan amount
$348,000
Loan type
As-Is Property Value
$471,000
LTV
74%
{LTV}
Property type
Single family home
Borrower Details
Credit score
585
Deal experience
8 deals
This loan scenario was submitted by a Broker
Property Details
State
Florida
Loan Details
Additional Loan Information
Under contract. Purchasing for investment rental. I have fixed and flipped around 8 properties however only one recently which I just sold. The others were just before real estate crash. Purchase price $465K. Putting down 25-30%. Monthly rental income $3,500. Property located in Punta Gorda, FL. 8-12 month loan duration.
Status
Closed
Created
March 28, 2020 - 6:58pm
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