Loan amount
$35,000
Loan type
As-Is Property Value
$100,000
LTV
35% {LTV}
Property type
Land
Borrower Details
Credit score
760
Deal experience
1 deal
This loan scenario was submitted by a Broker
Property Details
State
Virginia
Loan Details
Additional Loan Information
Need a 90 day bridge loan to buy adjoining land, until Jan. 1 2020. Located in Rocky Gap Va 24366. Land is owned free and clear valued at $100k. Zoned residential/commercial. I will be using my cash to pay in full on Jan. 3rd. but I would like to avoid raising my tax bracket, this year, by taking the money from a 401K account.
Status
Created
September 21, 2019 - 2:26pm

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