Loan amount
$0
Loan type
As-Is Property Value
$1,100,000
LTV
0%
{LTV}
Property type
Single family home
Borrower Details
Credit score
715
Deal experience
2 deals
This loan scenario was submitted by a Broker
Property Details
State
Nevada
Loan Details
Additional Loan Information
Property already owned with a $398K mortgage balance. Replacing carport with garage. Adding sixth bedroom and fourth bathroom. Replacing upper deck. Building deck on upper and lower floor. Renovation contract is for $323,633. Carport and upper deck has been removed. Upper and lower deck framing is complete. Roof trusses on garage framing. Built house in 1982 and 1991. Remodel started May 4, 2020. Estimated completion November 1, 2020. ARV $1.1M. Project is located at Lake Tahoe, Stateline, Nevada 89449. Plan is to sell after the remodel is complete. Owner-occupied.
Status
Closed
Created
August 28, 2020 - 11:32am
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