Loan amount
$95,000
Loan type
As-Is Property Value
$130,000
LTV
74%
{LTV}
Property type
Single family home (3)
Borrower Details
Credit score
732
Deal experience
3 deals
This loan scenario was submitted by a Broker
Property Details
State
Georgia
Loan Details
Additional Loan Information
Three properties in a packaged deal that I am closing on next week. All three have tenants in them with an income totaling $1,925. The houses are in good condition. I will renovate them in the future (when the lease expires next year) and increase the rent and value of properties. Total purchase price $95K. Prefer 100% financing but I can provide 10% down, if needed. Property located in Macon, GA. 9-12 month loan duration, then will refinance.
Status
Closed
Created
April 8, 2020 - 8:31am
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