Repeat client is rate/term refinancing a SFR in Saint Charles, IL which was purchased for $237.5K in November 2022 and completed $83K worth of rehab. Property is appraised for $420K as-is (CDA Confirmed). Sponsor has good credit and liquidity to close the deal. Loan is structured at 65.6% LTV presenting 1.20 DSCR.
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