Loan amount
$10,000
Loan type
As-Is Property Value
$100,000
LTV
10%
{LTV}
Property type
Single family home
Borrower Details
Credit score
590
Deal experience
5 deals
This loan scenario was submitted by a Broker
Property Details
State
Indiana
Loan Details
Additional Loan Information
My parents own a vacant property that is being given to me. It's completely paid-off. Current value $62K. Needs renovations. Would like to put cabinets, carpet and new roof shingles. ARV $100K. Property located in Grabill, IN. Plan to rent it out for $700/month. Loan duration 12-24 months.
Status
Closed
Created
July 10, 2020 - 10:21am
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