Loan amount
$125,000
Loan type
As-Is Property Value
$170,000
LTV
74%
{LTV}
Property type
Single family home
Borrower Details
Credit score
708
Deal experience
6 deals
This loan scenario was submitted by a Broker
Property Details
State
Maryland
Loan Details
Additional Loan Information
Looking to purchase, rehab and hold as a rental. Purchase price $85K. Renovation budget $40K. 6-12 month timeline depending on situation with covid-19. ARV $170-180K. Already in contract. Property located in Baltimore County, MD. Will refi once the renovation is complete.
Status
Closed
Created
April 6, 2020 - 9:40am
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