Loan amount
$165,000
Loan type
Purchase
{Rent&Hold}
As-Is Property Value
$165,000
{PP:$164,900}
LTV
100%
{LTV}
Property type
Single Family
Borrower Details
Credit score
520
Deal experience
None
This loan scenario was submitted by a Broker
No
Property Details
City
Torrington
State
Connecticut
Loan Details
Purchase price
$164,900
Down payment
$0
Additional Loan Information
Hello. I’m currently renting a house, and was just notified by my landlord she is selling the house. I’d like to buy the house, fix it up (I own a home improvement company) while living in it, then after about a year, rent it out or sell it. My credit is not good due to the pandemic, and I do not have the cash on hand necessary to put down the large down payment necessary to obtain a loan.
The house is a single family home, in a nice neighborhood, but needs work that I can do myself to get the house where it needs to be.
The house is a single family home, in a nice neighborhood, but needs work that I can do myself to get the house where it needs to be.
Status
Open
Created
August 31, 2021 - 1:52pm
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