Loan amount
$40,000
Loan type
As-Is Property Value
$120,000
LTV
34% {LTV}
Property type
5 acre rural residential building site with 3 out buildings a good well and private septic
Borrower Details
Credit score
600
Deal experience
5 deals
This loan scenario was submitted by a Broker
Property Details
State
Minnesota
Loan Details
Additional Loan Information
Property owned free and clear. Want to improve the property by renovating the one existing building into a personal shop area. Currently rent out one of the buildings as storage for boats, campers etc. Plan on keeping the property so a 5 year pay back would be great.
Status
Created
August 26, 2019 - 9:43am

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