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New foreign national borrower, cashing out a SFR located in Jacksonville, FL which was purchased for $150K in July 2022 and completed $50K worth of rehab. Property is appraised for $280K as-is and is leased in line with the market rent at $1,695/month. Loan is structured at 46.4% LTV presenting 1.39 DSCR with 3 year prepay.
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