Loan amount
$52,500
Loan type
Purchase
{Rent&Hold}
As-Is Property Value
$80,000
{PP:$72,500}
LTV
66%
{LTV}
Property type
Single Family
Borrower Details
Credit score
767
Deal experience
None
This loan scenario was submitted by a Broker
No
Property Details
City
Detroit
State
Michigan
Loan Details
Purchase price
$72,500
Down payment
$20,000
Additional Loan Information
I am a new investor looking to purchase my first rental investment property. The property is located in Detroit Michigan. The potential address is 17111 Curtis. The asking price is $72,500. Currently the property has a tenant paying $1100. I have an excellent credit score and have $20k to invest as a down payment.
Status
Open
Created
May 17, 2023 - 4:06pm
Hard Money Lenders Now Offering Real Estate Investor Loans in Michigan Detroit | Grand Rapids | Warren | Ann Arbor | Lansing | Flint Hard Money Loans | Refinance Cash-Out | Purchase | Fix-N-Flip | Commercial | Construction | SBA Business Loans