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Review and Download Important Documents That May Be Needed Throughout the Loan Process.
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Analyze Your Next Investment Property to Develop an Accurate Scope of Work and Maximize Your Return on Investment.
New client looking for additional funds to acquire the SFR subject property in Montgomery, AL for $136K. Property is in average condition, appraised for $147K as-is and CDA is confirmed this value. Currently subject is vacant, with the rental market appraised value at $1.4K/Month. Sponsor on the loan has excellent credit score and excellent liquidity to close the deal. Loan is structured at 74% LTV and 80% of LTC presenting 1.41 DSCR.