Loan amount
$80,000
Loan type
As-Is Property Value
$135,000
LTV
60%
{LTV}
Property type
Single family home
Borrower Details
Credit score
664
Deal experience
5 deals
This loan scenario was submitted by a Broker
Property Details
State
Wisconsin
Loan Details
Additional Loan Information
The owner has a loan against the property. She paid $35K for the property and put $43K into it. She is looking for a long term loan of $80K to pay off the current lender. Exit strategy is long term rental. She would like a 25 year loan. Monthly rental income $2,500. Property located in Aurora, WI. I am a broker representing my client.
Status
Closed
Created
August 6, 2020 - 3:03pm
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