Loan amount
$62,000
Loan type
As-Is Property Value
$115,000
LTV
54%
{LTV}
Property type
Townhouse
Borrower Details
Credit score
735
Deal experience
1 deal
This loan scenario was submitted by a Broker
Property Details
State
Wisconsin
Loan Details
Additional Loan Information
2-unit townhouse. Buy with hard money and conduct rehab work. Purchase price $62K. Will do the renovations out of pocket. Renovation timeline of 8 weeks. ARV $115K. Loan duration of 1 year. Will refinance property into a long term loan. Not yet in contract; will make offer once I find a dedicated lender. Property located in Milwaukee, WI. Will be a rental property.
Status
Closed
Created
February 20, 2020 - 11:06am
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