Loan amount
$70,000
Loan type
Refinance
{Cash-Out}
As-Is Property Value
$300,000
LTV
23%
{LTV}
Property type
Multi-Family 5+ Units
Borrower Details
Credit score
600
Deal experience
None
This loan scenario was submitted by a Broker
No
Property Details
City
Monroeville
State
Alabama
Loan Details
Current mortgage balance
$0
How much cash-out are you looking for?
$70,000
Additional Loan Information
I have an 8 unit apartment that I own %100. One of the apartments serve as an Airbnb and I’m looking to do upgrades on the property, including painting, certain landscape features and some minor cosmetic features on the inside. I’ve owned the property since 2020
Status
Open
Created
June 14, 2023 - 1:07pm
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