Loan amount
$117,000
Loan type
Purchase
{Rent&Hold}
As-Is Property Value
$150,000
{PP:$120,000}
LTV
78%
{LTV}
Property type
Single Family
Borrower Details
Credit score
600
Deal experience
None
This loan scenario was submitted by a Broker
No
Property Details
City
Danville
State
Virginia
Loan Details
Purchase price
$120,000
Down payment
$3,000
Additional Loan Information
Property is 5 acres with two houses on the property. Zoned residential, it’s 2 minutes away from new casino. Houses are $70k each. Looking to develop on the property.
Status
Open
Created
September 16, 2021 - 12:45pm
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