Loan amount
$99,000
Loan type
As-Is Property Value
$102,000
LTV
98%
{LTV}
Property type
2 Residential Properties
Borrower Details
Credit score
495
Deal experience
10 deals
This loan scenario was submitted by a Broker
Property Details
State
Florida
Loan Details
Additional Loan Information
Separate properties, less than 2 miles from each other, a 3/1 All Brick House, Zoned Residential / Commercial. 3 Big Bedrooms, 1 Bath, All Brick House, 1 Car Detached Garage + attached Workshop, Double Car Port, Corner lot, Living Room + Den, Wood floors, A/C, Laundry Room/Workshop, Quiet Central Neighborhood. Looking to rent out the properties. The total rental income $9,600/yr. Low Property Taxes = $550/yr; Insurance only $400/yr. If possible, loan term 6 to 8 years.
Status
Closed
Created
August 2, 2019 - 11:55am
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