Loan amount
$195,000
Loan type
Refinance
{Cash-Out}
As-Is Property Value
$250,000
LTV
78%
{LTV}
Property type
Multi-Family 5+ Units
Borrower Details
Credit score
650
Deal experience
6 deals
This loan scenario was submitted by a Broker
Yes
Property Details
City
Riverdale
State
Illinois
Loan Details
Current mortgage balance
$70,000
How much cash-out are you looking for?
$125,000
Additional Loan Information
Need to update units in order to increase rents to market levels and pay taxes as well as purchase additional Real Estate
Status
Open
Created
May 13, 2021 - 7:14pm
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