Loan amount
$262,500
Loan type
Purchase
{Rent&Hold}
As-Is Property Value
$613,000
{PP:$262,500}
LTV
43%
{LTV}
Property type
Single Family
Borrower Details
Credit score
711
Deal experience
1 deal
This loan scenario was submitted by a Broker
No
Property Details
City
Blue Springs
State
Missouri
Loan Details
Purchase price
$262,500
Down payment
$0
Additional Loan Information
Looking to purchase auction property. Auction is from 11/8/2025 - 11/10/2025, need funds by 11/12/2025 if we win. Want to purchase the house and see condition. If we like the house, we will refinance with a conventional or VA loan and move in as our personal home. If it's not what we're looking for, we'll do required repairs and cleanup, put on market to resell. Estimated value is between $613,000-690,0000. Neighborhood is nice, house looks in good condition on the outside, well cared for. Hoping inside is similar.
Status
Closed
Created
November 8, 2025 - 10:18pm
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