Loan amount
$45,000
Loan type
As-Is Property Value
$120,000
LTV
38%
{LTV}
Property type
Single family home
Borrower Details
Credit score
572
Deal experience
2 deals
This loan scenario was submitted by a Broker
Property Details
State
Ohio
Loan Details
Additional Loan Information
I've owned it since 1972, just moved back into it to quickly owner-occupy and fix and flip. It has no mortgage, but there are property tax liens on it that needs satisfied for $28K. Current value $47K. Renovation budget $30K. 90 day timeline. ARV $120K. Property located in Riverside, OH. Plan to sell once the work is done.
Status
Closed
Created
August 23, 2020 - 7:47am
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