Loan amount
$237,000
Loan type
Refinance
{Rent&Hold}
Property value
$700,000
LTV
34%
{LTV}
Property type
Single Family
Credit score
780
Deal experience
8 deals
This loan scenario was submitted by a Broker
No
City
Grayslake
State
Illinois
Current mortgage balance
$237,000
Additional Loan Information
I have 6 single family homes, 3 rented currently (long term renters), 1 just finished remodel and listed to rent, 1 remodel to be completed in 4 weeks, 1 just starting remodel to completed in 2-3 months. I have loan with local bank that is using 5 of the properties as collateral. Need funds to complete remodels and purchase next property.
Status
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Created
May 7, 2021 - 10:43pm
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