Loan amount
$150,000
Loan type
As-Is Property Value
$204,000
LTV
74%
{LTV}
Property type
Single family home
Borrower Details
Credit score
749
Deal experience
1 deal
This loan scenario was submitted by a Broker
Property Details
State
Mississippi
Loan Details
Additional Loan Information
Looking to purchase a foreclosure at an auction in an up and coming lake neighborhood. Home needs hardly any work and is move in ready. Auction is happening very soon, time is of the essence. Homes in this neighborhood are being picked up at auctions and tax sales for very little and turned for large profit because of the excellent school system and beautiful lakes. I have a buyer lined up if I’m able to purchase this property. I would be paying this loan off in less than 60 days. Purchase price at/under $150K. I can put money down, if needed. The auction is today. Property located in Hernando, MS.
Status
Closed
Created
August 4, 2020 - 11:38am
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