Loan amount
$18,000
Loan type
Purchase
{Rent&Hold}
As-Is Property Value
$89,000
{PP:$25,000}
LTV
20%
{LTV}
Property type
Vacant Land
Borrower Details
Credit score
680
Deal experience
7 deals
This loan scenario was submitted by a Broker
No
Property Details
City
Fountain
State
Florida
Loan Details
Purchase price
$25,000
Down payment
$7,000
Additional Loan Information
5 acre land with well, septic and electric and a singlewide mobile home buying from an heir from probate. have property sold at $89000 on a contract for deed at $875 per mo x 360 payments. Need to close out escrow at $26900 including closing costs and attorney fees.
Status
Open
Created
January 17, 2024 - 10:45pm
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