Loan amount
$45,000
Loan type
As-Is Property Value
$55,000
LTV
82%
{LTV}
Property type
Single family home
Borrower Details
Credit score
580
Deal experience
None
This loan scenario was submitted by a Broker
Property Details
State
Alabama
Loan Details
Additional Loan Information
To purchase, rehab with new flooring, central a/c and new windows. Would like a 12 month interest only each month time line. I have remodeled homes before for own use. Purchase price $38K. Renovation budget $9.5K. ARV $55K. Not yet in contract. Property located in Hamilton, AL 35570. Plan to owner-occupy.
Status
Closed
Created
August 20, 2020 - 8:25am
Hard Money Lenders Now Offering Real Estate Investor Loans in Alabama Birmingham | Montgomery | Huntsville | Mobile | Tuscaloosa | Hoover Hard Money Loans | Refinance Cash-Out | Purchase | Fix-N-Flip | Commercial | Construction | SBA Business Loans