Loan amount
$169,000
Loan type
Purchase {Rent&Hold}
As-Is Property Value
$199,000 {PP:$199,000}
LTV
85% {LTV}
Property type
Single Family
Borrower Details
Credit score
765
Deal experience
1 deal
This loan scenario was submitted by a Broker
No
Property Details
City
Bayview
State
Idaho
Loan Details
Purchase price
$199,000
Down payment
$30,000
Additional Loan Information
Found my dream property & sound investment after three years of scouting this area. Need to move on it. Hope you can help make it happen!
I’d like to use my apt complex equity to secure a small home loan of 200k. Plan to live in & rent out next place too. Been doing this for about four years already. Plus decades of flipping experience with my late husband.
Just made $300,000 in 3+yrs. Incredible growth in this area at the moment!
My apartment complex’s current value 609k, owe 275k, in 2017, $4800 month gross rents, netting $1600 profit, $1900 in June.
I never missed a payment in 30 years of owning various properties.... thru 2008 & Covid. I’m a safe and sound solid investment. Thank you so kindly for your time and consideration hope to hear from you soon.
Status
Created
April 20, 2021 - 11:33am

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