Loan amount
$66,000
Loan type
As-Is Property Value
$110,000
LTV
60%
{LTV}
Property type
Single family home
Borrower Details
Credit score
580
Deal experience
1 deal
This loan scenario was submitted by a Broker
Property Details
State
Alabama
Loan Details
Additional Loan Information
This property is under contract. I need immediate hard money financing. Purchase price $41K. Renovation budget $25K. Timeline of 12 months. ARV $110K. Property located in Abbeville, AL. Will either hold as a rental or sell once the work is complete. Loan duration 36 months. Prefer to include rehab costs in the loan, but that isn't required.
Status
Closed
Created
April 10, 2020 - 12:03pm
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