Loan amount
$391,000
Loan type
Refinance
{Cash-Out}
As-Is Property Value
$521,000
LTV
75%
{LTV}
Property type
Single Family
Borrower Details
Credit score
689
Deal experience
7 deals
This loan scenario was submitted by a Broker
No
Property Details
City
San Antonio
State
Texas
Loan Details
Current mortgage balance
$216,000
How much cash-out are you looking for?
$174,750
Additional Loan Information
Have owned rental property for seven years. Recently saw on AirDNA that it can cashflow $9,175 per month. Would like to refinance with cash out to upgrade the home to earn that or more and to be ready to purchase other rental properties as opportunities come up.
Status
Open
Created
July 9, 2023 - 5:05am
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