Loan amount
$260,000
Loan type
As-Is Property Value
$420,000
LTV
62%
{LTV}
Property type
SFR
Borrower Details
Credit score
630
Deal experience
3 deals
This loan scenario was submitted by a Broker
Property Details
State
Texas
Loan Details
Additional Loan Information
i am a broker …. property details -- cash out/rehab refinance, exit is to sell upon rehab, 1 acre, considered rural but 12 minutes to DT San Antonio, 620 credit score, borrower owns construction company & real estate license, has no experience in fix & flip,... 420 ARV -- 100k-130k approx. rehab -- 60k existing lien -- 200k current value -- 260k requested loan amount
Status
Closed
Created
June 26, 2019 - 10:48am
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