Loan amount
$480,000
Loan type
Purchase
{Rent&Hold}
As-Is Property Value
$500,000
{PP:$500,000}
LTV
96%
{LTV}
Property type
Vacant Land
Borrower Details
Credit score
553
Deal experience
None
This loan scenario was submitted by a Broker
No
Property Details
City
Galena
State
Illinois
Loan Details
Purchase price
$500,000
Down payment
$20,000
Additional Loan Information
I would like to purchase a home, flip it and then rent it out to tourists for a profit.
Status
Closed
Created
February 26, 2023 - 8:01pm
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