Loan amount
$260,000
Loan type
Refinance
{Cash-Out}
As-Is Property Value
$525,000
LTV
50%
{LTV}
Property type
Single Family
Borrower Details
Credit score
640
Deal experience
12 deals
This loan scenario was submitted by a Broker
No
Property Details
City
Birmingham
State
Alabama
Loan Details
Current mortgage balance
$123,000
How much cash-out are you looking for?
$137,000
Additional Loan Information
Historic mansion in hot, hot, hot neighborhood in booming Birmingham. Complete renovation and hold for $700,000 value in 24 months, utilizing short term luxury rental.
Status
Open
Created
February 13, 2021 - 4:38pm
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