Loan amount
$0
Loan type
Purchase
{Rent&Hold}
As-Is Property Value
$480,000
{PP:$0}
LTV
0%
{LTV}
Property type
Single Family
Borrower Details
Credit score
680
Deal experience
2 deals
This loan scenario was submitted by a Broker
No
Property Details
State
Arkansas
Loan Details
Down payment
$0
Additional Loan Information
use my existing house for collateral to purchase another home in another state. We do not owe any money on our home it is valued at 250,000 we do live in it our annual income is 180,000.the home we want to buy is 210,000 with a renovation budget of 20,000 we will be renting it out time limit to have repairs made is 1 year the new house will be in Arkansas
Status
Closed
Created
December 10, 2020 - 1:17pm
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