Loan amount
$350,000
Loan type
As-Is Property Value
$450,000
LTV
78%
{LTV}
Property type
Single family home
Borrower Details
Credit score
580
Deal experience
4 deals
This loan scenario was submitted by a Broker
Property Details
State
California
Loan Details
Additional Loan Information
I am looking for a property currently to flip, but want to secure a loan prior to identifying a property. I would like to stay under $500k. Currently, I’m thinking about $300-400k. I'll have $20-40K cash to put towards the deal. Looking in San Marcos, Vista, Escondido, or Oceanside. I’m a General Contractor and Real Estate Broker. I would use the commission on the purchase to invest into the renovations.
Status
Closed
Created
October 28, 2019 - 3:57pm
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