Loan amount
$200,000
Loan type
As-Is Property Value
$250,000
LTV
80%
{LTV}
Property type
Single family home
Borrower Details
Credit score
630
Deal experience
None
This loan scenario was submitted by a Broker
Property Details
State
Texas
Loan Details
Additional Loan Information
I would like to buy a property in Houston TX to fix it and rent it. Purchase price $197K. Renovation budget $10K. 1 month timeline. ARV $250K. Not yet in contract. Estimated monthly rental income $1,750. Flexible on loan duration.
Status
Closed
Created
April 23, 2020 - 1:06pm
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