Loan amount
$190,000
Loan type
Purchase
{Rent&Hold}
As-Is Property Value
$195,000
{PP:$195,000}
LTV
97%
{LTV}
Property type
Multi-Family 1-4 Units
Borrower Details
Credit score
630
Deal experience
None
This loan scenario was submitted by a Broker
No
Property Details
City
Custer
State
South Dakota
Loan Details
Purchase price
$195,000
Down payment
$5,000
Additional Loan Information
Two houses (one mobile, one stick-built) on a parcel in Custer SD. The stick built is very small and may not be an attractive rental, but the mobile home is decently sized.
I would like to rent either of the dwellings out while retaining the other for occasional personal use.
No contract had been signed at this time.
I would like to rent either of the dwellings out while retaining the other for occasional personal use.
No contract had been signed at this time.
Status
Open
Created
August 4, 2021 - 12:07pm
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