Loan amount
$1,000,000
Loan type
As-Is Property Value
$500,000
LTV
200%
{LTV}
Property type
range land
Borrower Details
Credit score
550
Deal experience
None
This loan scenario was submitted by a Broker
Property Details
State
Oregon
Loan Details
Additional Loan Information
Wanting to buy 869 acres. With water frontage. Looking for 100% financing. To put a cabin on the property to resale later. Plus put a barn in. fix fences and the corrals for livestock later on. While living in a RV trailer while fixing up this property. Would need to buy equipment to improve the property. During the fall and winter go hunting and trapping. To keep money coming in. I am retired. My future wife is a travel agent. So we would have 2 incomes to paying off this loan. Plus having outside investments helping with the payments.
Status
Closed
Created
September 12, 2019 - 7:53pm
Hard Money Lenders Now Offering Real Estate Investor Loans in Oregon Portland | Salem | Eugene | Gresham | Hillsboro | Bend Hard Money Loans | Refinance Cash-Out | Purchase | Fix-N-Flip | Commercial | Construction | SBA Business Loans