Loan amount
$350,000
Loan type
As-Is Property Value
$700,000
LTV
50% {LTV}
Property type
Condo and land
Borrower Details
Credit score
650
Deal experience
10 deals
This loan scenario was submitted by a Broker
Property Details
State
Alabama
Loan Details
Additional Loan Information
1 condo and vacant waterfront, wanting to split waterfront parcel into 4 lots. Purchase price $350K. Putting down $50K. Already in contract. Property located in Foley & Elberta AL. Plan to rent condo and sell waterfront land.
Status
Created
August 3, 2020 - 9:52am

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