Loan amount
$50,000
Loan type
As-Is Property Value
$230,000
LTV
22%
{LTV}
Property type
Single-Family
Borrower Details
Credit score
530
Deal experience
None
This loan scenario was submitted by a Broker
Property Details
State
Mississippi
Loan Details
Additional Loan Information
The lender has taken ownership of this property through a foreclosure auction for the amount. I am a first time home flipper and would like to use this as a means to establish a stable income stream for my daughter and I. With this project, I plan to renovate the fireplace, kitchen and bathrooms. I also plan to update fixtures and needed updates in the home.
Status
Closed
Created
August 20, 2019 - 11:16am
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