Loan amount
$200,000
Loan type
As-Is Property Value
$329,000
LTV
61%
{LTV}
Property type
Single family home
Borrower Details
Credit score
620
Deal experience
300 deals
This loan scenario was submitted by a Broker
Property Details
State
Ohio
Loan Details
Additional Loan Information
My LLC has a property located in Chesterland, Ohio 44026. I am seeking $150-200K until it sells. The property has been rehabbed and is currently on the market for $329K. The comps average $412K. Property is not occupied. Currently owe $150K. Note: all point, inspection and appraisal fees must be paid out of closing. Unfortunately, I have been scammed twice by lenders who collect up front fees but have no ability to provide a loan.
Status
Closed
Created
June 10, 2020 - 9:45am
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