Loan amount
$49,000
Loan type
Purchase {Rent&Hold}
As-Is Property Value
$100,000 {PP:$50,000}
LTV
49% {LTV}
Property type
Single Family
Borrower Details
Credit score
750
Deal experience
None
This loan scenario was submitted by a Broker
No
Property Details
City
Vernonia
State
Oregon
Loan Details
Purchase price
$50,000
Down payment
$1,000
Additional Loan Information
I'm going through a divorce and want to buy out my wife's interest in our property. My credit scores are good, I have $10k in the bank, but I am unemployed due to the pandemic. I've received my first vaccine shot, though, and expect to return to the schools where I work as an instructional aide soon. I'm not sure I entered the correct type of loan.
Status
Created
March 11, 2021 - 11:30am

Hard Money Lenders Now Offering Real Estate Investor Loans in Oregon Portland | Salem | Eugene | Gresham | Hillsboro | Bend Hard Money Loans | Refinance Cash-Out | Purchase | Fix-N-Flip | Commercial | Construction | SBA Business Loans