Loan amount
$110,000
Loan type
Purchase
{Rent&Hold}
As-Is Property Value
$245,000
{PP:$120,000}
LTV
45%
{LTV}
Property type
Single Family
Borrower Details
Credit score
600
Deal experience
3 deals
This loan scenario was submitted by a Broker
No
Property Details
City
Brandon
State
Florida
Loan Details
Purchase price
$120,000
Down payment
$10,000
Additional Loan Information
Buy a new property for $120,000, install a brand new mobile home valued $98,000 plus cost associated with removing old MH and cleaning property, then rent out. Rent to be calculated at $2,500.00 per month, 1st month and security deposit required. If I do decide to see the property will be worth over $250,000 as its location is besides commerical building and located on one of the busies street in downtown Brandon, Florida.
Status
Closed
Created
October 9, 2025 - 11:18am
Hard Money Lenders Now Offering Real Estate Investor Loans in Florida Orlando | Tampa | Miami | Jacksonville | Gainesville | Tallahasee Hard Money Loans | Refinance Cash-Out | Purchase | Fix-N-Flip | Commercial | Construction | SBA Business Loans