Loan amount
$250,000
Loan type
As-Is Property Value
$600,000
LTV
42%
{LTV}
Property type
Mixed use
Borrower Details
Credit score
800
Deal experience
2 deals
This loan scenario was submitted by a Broker
Property Details
State
New Jersey
Loan Details
Additional Loan Information
1 family house, 2 bay garage, 1/2 acre yard for truck parking. The property is owned, no mortgage, cash out for rehab and to make into a rental unit. Once rehab complete, exit strategy to refi to permanent mortgage. Property located in Jersey City NJ 07304. I am a broker representing the client.
Status
Closed
Created
November 5, 2019 - 1:34pm
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