Loan amount
$85,000
Loan type
Refinance {Cash-Out}
As-Is Property Value
$143,000
LTV
59% {LTV}
Property type
Single Family
Borrower Details
Credit score
742
Deal experience
8 deals
This loan scenario was submitted by a Broker
No
Property Details
City
Miles City
State
Montana
Loan Details
Current mortgage balance
$0
How much cash-out are you looking for?
$85,000
Additional Loan Information
Looking to get freshened up Rental property have owned it for several year , Needs cleaned, painted, miscellaneous patch and repairs.
landscape trimming and tenant placed. Active landlord, waiting list to fill vacancy when unit is ready. I own
four homes in this market. This unit had a long term tenant with kids, dogs, cats and birds. Not zoned for a petting zoo. Market demand for nice quality units is strong. 1100 per month rents. Local "Stockman" bank refinance after rehab and stabilization. Work and rent up will take less than three weeks from funding. Tenancy to begin within 30 days via tours and open house's during rehab. Hosting the waiting list and other interested renters.
Status
Created
December 25, 2025 - 4:34am

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