Loan amount
$120,000
Loan type
As-Is Property Value
$515,000
LTV
24%
{LTV}
Property type
Single family home
Borrower Details
Credit score
600
Deal experience
3 deals
This loan scenario was submitted by a Broker
Property Details
State
California
Loan Details
Additional Loan Information
In contract to purchase a single family home in beautiful Rancho Mirage, CA. Plan to rent out for $6,800-8,500 per month. Purchase price $485K. Putting down 20%. Loan duration 6-12 months. I do have other properties coming online as well.
Status
Closed
Created
August 4, 2020 - 12:13pm
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