Loan amount
$125,000
Loan type
As-Is Property Value
$142,000
LTV
89%
{LTV}
Property type
Single family home
Borrower Details
Credit score
620
Deal experience
1 deal
This loan scenario was submitted by a Broker
Property Details
State
North Carolina
Loan Details
Additional Loan Information
Currently under contract for $140K. I own a Real Estate firm; and would like to purchase this property as a long term investment, for the company. Will be held as a rental. 10-15% down. Estimated monthly rental income $1,100. Property located in Monroe, NC (Historic District). 12 month loan duration.
Status
Closed
Created
March 10, 2020 - 9:41am
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