Loan amount
$80,000
Loan type
Purchase {Rent&Hold}
As-Is Property Value
$168,000 {PP:$90,000}
LTV
48% {LTV}
Property type
Single Family
Borrower Details
Credit score
616
Deal experience
None
This loan scenario was submitted by a Broker
No
Property Details
City
Fonda
State
Iowa
Loan Details
Purchase price
$90,000
Down payment
$10,000
Additional Loan Information
This is a buy and hold / long term rental opportunity for me - 5 bd. 2 bath, 2700 sq. ft., $330,000 ARV current value. $1200-1500 monthly rental income opportunity - and that will increase.
Status
Created
August 29, 2023 - 5:05pm

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