Loan amount
$150,000
Loan type
As-Is Property Value
$356,000
LTV
43%
{LTV}
Property type
Single family home
Borrower Details
Credit score
700
Deal experience
2 deals
This loan scenario was submitted by a Broker
Property Details
State
Oregon
Loan Details
Additional Loan Information
I have the right property within my grasp but must hurry this is a bank own auction and it is vacant. Cost of repair will be $35K and can be done within 2 months. This area property values are on the rise. This place has 9 usable acres that appeal to the outdoor enthusiastic and equine community. It has access to blm land. Purchase price $85K. Current value $290K. ARV $356K. Located in Trail, OR. Will sell the property once the work is done.
Status
Closed
Created
January 31, 2020 - 8:36am
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