Loan amount
$70,000
Loan type
Purchase
{Rent&Hold}
As-Is Property Value
$116,000
{PP:$80,000}
LTV
60%
{LTV}
Property type
Multi-Family 5+ Units
Borrower Details
Credit score
500
Deal experience
None
This loan scenario was submitted by a Broker
No
Property Details
City
Lufkin
State
Texas
Loan Details
Purchase price
$80,000
Down payment
$10,000
Additional Loan Information
It is my grandparents property which my cousin inherited and I've been living on he is trying to sell it for 120,000 I can get it for 80,000 this property means everything to me and I can afford monthly notes I just don't have the credit to get a traditional loan
Status
Open
Created
March 31, 2022 - 2:28pm
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