Loan amount
$109,000
Loan type
As-Is Property Value
$700,000
LTV
16%
{LTV}
Property type
Single family home
Borrower Details
Credit score
500
Deal experience
20 deals
This loan scenario was submitted by a Broker
Property Details
State
Kansas
Loan Details
Additional Loan Information
Property already owned free and clear. 6500 sqft 6 bed, 5 bathroom single family custom built on 22 acre currently valued at $450K. $109K interior remodel, kitchen, bathrooms, paint, hvac. ARV $650-750K. Property is located outside city limit of Eldorado, Kansas. I will occupy this property, as well as there are two suites built in guest portions of the house that I am planning on running as bed and breakfast that will generate $1,100 dollars on minimum 15% occupy rate.
Status
Closed
Created
February 3, 2020 - 4:42pm
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