Loan amount
$200,000
Loan type
Refinance
{Rent&Hold}
As-Is Property Value
$250,000
LTV
80%
{LTV}
Property type
Single Family
Borrower Details
Credit score
820
Deal experience
30 deals
This loan scenario was submitted by a Broker
No
Property Details
City
Phoenix
State
Arizona
Loan Details
Current mortgage balance
$200,000
Additional Loan Information
We are looking to add more "Buy and Hold" properties into our portfolio and want to establish a relationship with the right lender. We are experienced investors in the PHX metro area, having bought nearly 40 properties over the last 48 months. Our goal is to buy 50-75 properties within the next 24 months. We are wanting a lender who offers 30 year fixed rate products at up to 80% LTV on a rate and term refinance and/or purchase. If there is the possibility of having some non-recourse products, that is very attractive to us as well. Thanks!
Status
Open
Created
January 28, 2021 - 2:56pm
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