Loan amount
$25,000
Loan type
As-Is Property Value
$75,000
LTV
34%
{LTV}
Property type
Single family home
Borrower Details
Credit score
640
Deal experience
3 deals
This loan scenario was submitted by a Broker
Property Details
State
Alabama
Loan Details
Additional Loan Information
It is a 4 br 2ba home. I am making an offer of $25K. I will need $5-8K to remodel. Very solid home. Houses in area that are completely remodeled sell at $160K. Renovation timeline 60 days. Plan to rent for $1,000/month. Property is located in Birmingham, AL. Loan duration of 24 months or more.
Status
Closed
Created
July 21, 2020 - 2:23pm
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