Loan amount
$85,500
Loan type
As-Is Property Value
$95,000
LTV
90%
{LTV}
Property type
Single family home (2)
Borrower Details
Credit score
690
Deal experience
2 deals
This loan scenario was submitted by a Broker
Property Details
State
Alabama
Loan Details
Additional Loan Information
In negotiations for 2 homes on section eight in and around Birmingham, Alabama. They are already rented with good tenants and records of payment. Purchase price $95K. Down payment 10%. Monthly rental income $1,400. Loan duration 3-4 years.
Status
Closed
Created
April 15, 2020 - 9:15am
Hard Money Lenders Now Offering Real Estate Investor Loans in Alabama Birmingham | Montgomery | Huntsville | Mobile | Tuscaloosa | Hoover Hard Money Loans | Refinance Cash-Out | Purchase | Fix-N-Flip | Commercial | Construction | SBA Business Loans