Loan amount
$50,000
Loan type
As-Is Property Value
$80,000
LTV
63%
{LTV}
Property type
Condo
Borrower Details
Credit score
750
Deal experience
1 deal
This loan scenario was submitted by a Broker
Property Details
State
Wisconsin
Loan Details
Additional Loan Information
Purchase and hold as a rental. Will renovate kitchen cab., appliances, floors, paint, baths. Purchase price $35.9K. Renovation budget $15K. Timeline of 6-8 weeks. ARV $80K. Not yet in contract. Property located in Milwaukee, Wi. Monthly rental income of $900. Prefer 5/1 ARM, 0 down if possible, otherwise $5K down.
Status
Closed
Created
March 22, 2020 - 9:43am
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