Loan amount
$40,000
Loan type
As-Is Property Value
$75,000
LTV
54%
{LTV}
Property type
Single family home
Borrower Details
Credit score
700
Deal experience
4 deals
This loan scenario was submitted by a Broker
Property Details
State
Georgia
Loan Details
Additional Loan Information
Looking for loan to purchase property. Plan to cash out and refinance within a year. Have submitted an offer and it is under contract. Purchase price $35,300. 10% down. Renovation budget $8,230. Renovation timeline 1 month. ARV $75K. Property located in Albany, GA. Will hold as a rental. 6-12 month loan duration.
Status
Closed
Created
April 15, 2020 - 10:21am
Hard Money Lenders Now Offering Real Estate Investor Loans in Georgia Atlanta | Augusta | Columbus | Macon | Savannah | Athens Hard Money Loans | Refinance Cash-Out | Purchase | Fix-N-Flip | Commercial | Construction | SBA Business Loans