Loan amount
$20,000
Loan type
Refinance
{Fix&Rent}
After Repair Value
$200,000
ARV
10%
{ARV}
Property type
Single Family
Borrower Details
Credit score
500
Deal experience
1 deal
This loan scenario was submitted by a Broker
No
Property Details
City
Gerrardstown
State
West Virginia
Loan Details
Current mortgage balance
$0
Cost of improvements
$20,000
Estimated property value after repairs
$200,000
Additional Loan Information
Looking to pull funds out via hard money loan ! House paid off looking to do repairs on house to rent out preferably … last resort to sell. I do not qualify for personal loans or traditional heloc . Paid cash for home no credit established … looking to take care of every day expenses as well as licensing and course fees to set up to do insurance adjuster work .. collision , Storm and catastrophic.
Status
Open
Created
September 10, 2023 - 7:39pm
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