Loan amount
$268,000
Loan type
As-Is Property Value
$550,000
LTV
49%
{LTV}
Property type
Single family home
Borrower Details
Credit score
720
Deal experience
1 deal
This loan scenario was submitted by a Broker
Property Details
State
Washington
Loan Details
Additional Loan Information
I am looking for funds to buy the home I grew up in - I'm buying out my brother and sister's interest in the property. Renovations/updates have begun and will finish in 6 months. The price to purchase their share is $268,000. Home is currently owned free and clear of any debt or mortgages. Located in Everett, Washington. Current tax-assessed value of $471K. ARV $550-600K. Owner-occupied. Loan term no more than 12 months.
Status
Closed
Created
November 27, 2019 - 11:31am
Hard Money Lenders Now Offering Real Estate Investor Loans in Washington Seattle | Spokane | Tacoma | Vancouver | Bellevue | Kent Hard Money Loans | Refinance Cash-Out | Purchase | Fix-N-Flip | Commercial | Construction | SBA Business Loans