Loan amount
$140,000
Loan type
As-Is Property Value
$210,000
LTV
67% {LTV}
Property type
Single family
Borrower Details
Credit score
780
Deal experience
None
This loan scenario was submitted by a Broker
Property Details
State
New York
Loan Details
Additional Loan Information
Just looked at a house they're asking $80,000 firm. Was a $230,000 house 3 years ago until someone let it go. Needs a new roof, new plumbing, new flooring and carpet. Everything else just needs a little face lift. Met with my realtor/property manager and discussed costs. He said the total cost of everything wouldn't be more that $45,000. My fiancée and I both have full time jobs. I work at national grid and she works at a doctors office. Our annual income is $90,000. We are also looking to refinance after 6 months.
Status
Created
August 26, 2019 - 8:10pm

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