Loan amount
$103,000
Loan type
As-Is Property Value
$200,000
LTV
52%
{LTV}
Property type
Multi-family
Borrower Details
Credit score
620
Deal experience
None
This loan scenario was submitted by a Broker
Property Details
State
Missouri
Loan Details
Additional Loan Information
Duplex, 2-units, 4 bed 2 bath located in St Louis 63118. Purchase price $29K. Renovation budget $75K. 2-3 month timeline. ARV $200K. Already in contract. Plan to hold as a rental. Will rent for $2000/month. 12 month loan term.
Status
Closed
Created
July 9, 2020 - 10:01am
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