Loan amount
$100,000
Loan type
As-Is Property Value
$225,000
LTV
45%
{LTV}
Property type
Single family home
Borrower Details
Credit score
680
Deal experience
7 deals
This loan scenario was submitted by a Broker
Property Details
State
Pennsylvania
Loan Details
Additional Loan Information
Pay off promissory note for one of the properties for cash out or line of credit. This particular property is a rental property at $800 a month. It’s in the town of Greenville, PA 16125. We own multiple properties in that town. Like to do short term; probably 12 months. Have a promissory note due on property for $45,000 would like to borrow around $60,000. House should appraise between $80-90K.
Status
Closed
Created
June 17, 2020 - 10:15am
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