Loan amount
$48,000
Loan type
As-Is Property Value
$81,000
LTV
60%
{LTV}
Property type
Single family home
Borrower Details
Credit score
618
Deal experience
10000 deals
This loan scenario was submitted by a Broker
Property Details
State
Alabama
Loan Details
Additional Loan Information
Pay off a balloon note and make minor repairs. Rented for $685 per month. Loan balance $48K. Appraised for $81.5K. Property located in Selma, Alabama. Prefer 84 month loan but am flexible. I have managed and maintained 12 other properties in the Selma area. I have owned this property for 15 years.
Status
Closed
Created
June 8, 2020 - 1:14pm
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