Loan amount
$70,000
Loan type
As-Is Property Value
$95,000
LTV
74%
{LTV}
Property type
Single family home
Borrower Details
Credit score
600
Deal experience
None
This loan scenario was submitted by a Broker
Property Details
State
Mississippi
Loan Details
Additional Loan Information
Purchase, rehab and owner-occupy. Interior and exterior paint. One exterior wall needs to be rebuilt on the outside. New kitchen appliances. Update floors. Purchase price $30K. Renovation budget $40K. Timeline 45-60 days. ARV $95K. Not yet in contract; expect to sign this week. Property located in Pascagoula, MS. Flexible on loan duration. Plan to refinance after renovating.
Status
Closed
Created
August 3, 2020 - 1:38pm
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