Loan amount
$450,000
Loan type
As-Is Property Value
$650,000
LTV
70%
{LTV}
Property type
Single family home
Borrower Details
Credit score
750
Deal experience
400 deals
This loan scenario was submitted by a Broker
Property Details
State
Arizona
Loan Details
Additional Loan Information
Vacation rental property fully remodeled to 5* level. Cash out refinance. Home purchased as a foreclosure property in 2012 for $155K. $280K in capital improvements have since been made to the home. $200K of equity is being left down on the home. Rental income averages $10K per month. Located in Scottsdale, AZ. Looking for a 1-2 year loan term.
Status
Closed
Created
June 2, 2020 - 9:11am
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