Loan amount
$122,000
Loan type
As-Is Property Value
$136,000
LTV
90%
{LTV}
Property type
Single family home
Borrower Details
Credit score
660
Deal experience
2 deals
This loan scenario was submitted by a Broker
Property Details
State
Georgia
Loan Details
Additional Loan Information
I'm currently in contract for a rental unit. Was suppose to close tomorrow with another (hard money) lender but they have delayed the closing. Purchase price $136K. Can provide 10-15% down. Property located in Decatur, GA. Monthly rental income $2,100. Loan duration 5-6 years.
Status
Closed
Created
September 4, 2020 - 8:41am
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