Loan amount
$70,000
Loan type
As-Is Property Value
$140,000
LTV
50%
{LTV}
Property type
Single family home
Borrower Details
Credit score
768
Deal experience
None
This loan scenario was submitted by a Broker
Property Details
State
Iowa
Loan Details
Additional Loan Information
I need money and pre-approval to bid at an auction for the property I am interested in. Will not go over $80K on the purchase. I could put down 10%. I have $30K budgeted for renovations. Given the current situation, 6-12 month timeline for renovations. ARV $140K. Property located in Davenport, IA. Will sell once complete.
Status
Closed
Created
April 20, 2020 - 1:53pm
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