Loan amount
$170,000
Loan type
As-Is Property Value
$240,000
LTV
71%
{LTV}
Property type
Single family home
Borrower Details
Credit score
605
Deal experience
5 deals
This loan scenario was submitted by a Broker
Property Details
State
Alabama
Loan Details
Additional Loan Information
Purchase and rehab home for long term hold and rental. Purchase price $113K. Renovation budget $55K. Timeline of 4-7 weeks. ARV $240-250K. Already in contract. Property located in Wetumpka, AL. Estimated monthly rental income $1,600. 12 month loan duration.
Status
Closed
Created
May 22, 2020 - 9:18am
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