Loan amount
$0
Loan type
Refinance
{Cash-Out}
As-Is Property Value
$139,000
LTV
0%
{LTV}
Property type
Single Family
Borrower Details
Credit score
534
Deal experience
6 deals
This loan scenario was submitted by a Broker
No
Property Details
State
Michigan
Loan Details
Current mortgage balance
$0
Additional Loan Information
I'd like to use my home that I live In, borrow against the equity to buy more houses to do F&F for much profit. I owe $13,000.00 on my home and it has a value of $124k with a ARV of $152k. Needs roughly $16k in updates & repairs.
Theres another house I'd like to buy for $23k, needs roughly $19k in repair, & has an ARV of $133k what can I do to acquire your services?
I also have a list of off market houses, that are foreclosures & I'd like to do something like a line of credit to do F&F, wholesaling, & possibly some buy & hold. I also have a house to buy, off market, executive style, purchase is $220k, needs roughly $84k in rehab, ARV is $490k.
Theres another house I'd like to buy for $23k, needs roughly $19k in repair, & has an ARV of $133k what can I do to acquire your services?
I also have a list of off market houses, that are foreclosures & I'd like to do something like a line of credit to do F&F, wholesaling, & possibly some buy & hold. I also have a house to buy, off market, executive style, purchase is $220k, needs roughly $84k in rehab, ARV is $490k.
Status
Closed
Created
December 10, 2020 - 1:16pm
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