Loan amount
$50,000
Loan type
As-Is Property Value
$70,000
LTV
72%
{LTV}
Property type
Single family home
Borrower Details
Credit score
790
Deal experience
1 deal
This loan scenario was submitted by a Broker
Property Details
State
South Carolina
Loan Details
Additional Loan Information
Property was inherited and is owned without any mortgages or loans. It is a small home (650 sq ft). I have put about $20,000 into it but now I need to get the septic tank, electricity and water done. Also need to finish the house so I can occupy it. Estimated ARV of $70-75K. Will take no more than 6 months. Flexible on the loan duration. Located in Blythewood SC (not in town, in country).
Status
Closed
Created
October 7, 2019 - 9:35pm
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