Loan amount
$250,000
Loan type
Purchase {Rent&Hold}
As-Is Property Value
$300,000 {PP:$275,000}
LTV
83% {LTV}
Property type
Single Family
Borrower Details
Credit score
520
Deal experience
None
This loan scenario was submitted by a Broker
No
Property Details
City
Norman
State
Oklahoma
Loan Details
Purchase price
$275,000
Down payment
$25,000
Additional Loan Information
I am a California Real Estate Broker. I own a property management company and have overseen many remodels and construction projects. I am looking to purchase a home to remodel and rent out. This property has 10 acres so eventually I would like to build a few homes on the property. My son currently resides in OK and would assist with the remodeling. I plan to move to Oklahoma in the next few years.
Status
Created
March 21, 2022 - 4:18pm

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