Loan amount
$25,000
Loan type
As-Is Property Value
$100,000
LTV
25%
{LTV}
Property type
Single family home
Borrower Details
Credit score
575
Deal experience
4 deals
This loan scenario was submitted by a Broker
Property Details
State
Montana
Loan Details
Additional Loan Information
Purchased for $13K cash from the bank in poor condition. I already replaced all the appliances and had a new furnace and all new duct-work, new gas service and new electrical service. Need $25K to finish the electrical, sheetrock, and bathroom. I will rent this 3 bed 1 bath for $800 a month when I'm done fixing it up. Plan to refinance in to 15 year note once completed. ARV $100K at least.
Status
Closed
Created
September 17, 2019 - 3:13pm
Hard Money Lenders Now Offering Real Estate Investor Loans in Montana Billings | Missoula | Great Falls | Bozeman | Helena | Belgrade Hard Money Loans | Refinance Cash-Out | Purchase | Fix-N-Flip | Commercial | Construction | SBA Business Loans