Loan amount
$40,000
Loan type
As-Is Property Value
$45,000
LTV
89%
{LTV}
Property type
Single family home
Borrower Details
Credit score
605
Deal experience
1 deal
This loan scenario was submitted by a Broker
Property Details
State
Alabama
Loan Details
Additional Loan Information
I am currently in search of a loan to invest in a rental property. Purchase price $45K. 10% down. Not yet in contract. Property located in Birmingham, AL. Estimated monthly rental income $700-750. Will either sell the property or refinance in 5 years.
Status
Closed
Created
August 28, 2020 - 11:38am
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