Loan amount
$100,000
Loan type
As-Is Property Value
$250,000
LTV
40%
{LTV}
Property type
Single family home
Borrower Details
Credit score
740
Deal experience
100 deals
This loan scenario was submitted by a Broker
Property Details
State
Mississippi
Loan Details
Additional Loan Information
Bought and closed on property for $77K cash. Going to rehab house. Needs $70K repairs to make it worth $250K. 18024 cherkee rose rd vancleave. It's 4200 sqft. Realtor said $250k easy and quick. I have a lender at 3 points in at 10% with hard money. That might be as cheap as it gets; was just seeing options. I am also in process of borrowing $150K at bank to build 2 houses on some lots that I own.
Status
Closed
Created
August 22, 2019 - 4:02pm
Hard Money Lenders Now Offering Real Estate Investor Loans in Mississippi Jackson | Gulfport | Southhaven | Biloxi | Hattiesburg | Olive Branch Hard Money Loans | Refinance Cash-Out | Purchase | Fix-N-Flip | Commercial | Construction | SBA Business Loans