Loan amount
$75,000
Loan type
As-Is Property Value
$100,000
LTV
75%
{LTV}
Property type
Single family home
Borrower Details
Credit score
560
Deal experience
None
This loan scenario was submitted by a Broker
Property Details
State
Pennsylvania
Loan Details
Additional Loan Information
The property in question is an investment tenant-occupied property listed for $45,400. Property is in need of some work. The ARV is $100K. I will be putting $10K of my own money towards the deal. Renovation timeline of 2 months. Tenant can/will remain in the property during the renovations. Planning to continue renting the property after the work is complete. Not yet in contract but currently negotiating. Located in Reading, PA.
Status
Closed
Created
October 1, 2019 - 10:57am
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