Loan amount
$65,000
Loan type
As-Is Property Value
$150,000
LTV
44%
{LTV}
Property type
Single family home
Borrower Details
Credit score
600
Deal experience
None
This loan scenario was submitted by a Broker
Property Details
State
Pennsylvania
Loan Details
Additional Loan Information
Owner ready for contract wants $42K. Loan for $65K (includes rehab budget). Owner occupied while rehabbing for 1 year. Then, make it a vacation rental. Needs new kitchen, bathroom updates, and additional bed/bath in basement and outside work. ARV $150K. Have licensed contractor. Looking for 2 year loan or long term 20 yr. Property located in Saylorsburg PA 18353.
Status
Closed
Created
May 28, 2020 - 8:38am
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