Loan amount
$45,500
Loan type
Refinance
{Rent&Hold}
As-Is Property Value
$225,000
LTV
20%
{LTV}
Property type
Single Family
Borrower Details
Credit score
600
Deal experience
2 deals
This loan scenario was submitted by a Broker
No
Property Details
City
Augusta
State
Georgia
Loan Details
Current mortgage balance
$45,500
Additional Loan Information
I have a house I inherited from my father. Currently has a 45500 mortgage. I want to cash out refi. It’s been rented for 3 years $1500. Renter just moved out. New rent estimated at $1640. My credit is 600 will jump 60 points next 6 months items falling off. I would like to move the house into an LLC.
Status
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Created
December 5, 2024 - 8:16pm
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