Loan amount
$0
Loan type
Purchase
{Rent&Hold}
As-Is Property Value
$350,000
{PP:$0}
LTV
0%
{LTV}
Property type
Multi-Family 1-4 Units
Borrower Details
Credit score
810
Deal experience
1 deal
This loan scenario was submitted by a Broker
No
Property Details
State
Alabama
Loan Details
Down payment
$0
Additional Loan Information
There is a fourplex in Birmingham, Alabama, that I would like to purchase and renovate. I am seeking 240,000 that will cover the costs of the whole project. The property currently has three of four units rented at 900 a month and once renovated, rents can be raised to 1050. This project needs to be funded quickly for it to come to fruition.
Status
Closed
Created
November 30, 2020 - 9:05pm
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