Loan amount
Loan type
As-Is Property Value
49% {LTV}
Property type
Multi-family home
Borrower Details
Credit score
Deal experience
1 deal
This loan scenario was submitted by a Broker
Property Details
Loan Details
Additional Loan Information
Love this house, have been looking for something in this location for this price point. Looking to make an offer at $52K. Rehab cost $25K will be self-funded and paid in cash. Plan is to live there and rent it out on airbnb. I am an airbnb super host with a converted barn in southern, VT. These 2 properties would be 15 minutes apart. Solid 2 Family Flat, with tons of potential and just needs some TLC to get it back up and running again. All separate utilities. Close to Mass MoCA and downtown attractions. 90 timeline for the renovations. 6-12 month loan payback period.
September 19, 2019 - 12:10pm

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