Take A Look At This Property in Winston Salem, NC

Winston Salem NC Home

Repeated and Experience Borrower looking for Cash Out Refi on the subject property located in Winston Salem, NC. Property was purchased for $149,000.00 on 05/12/2023, Property is in Good condition, and appraised for $384,500.00 AS IS with a CDA confirming the value was acceptable. Property is leased and generating $2,500.00/Month which is equal to appraisers estimate market rent at (2,500.00/Month). Guarantors have Good Credit & Excellent liquidity to close. Loan is structured at 65.80% LTV presenting 1.15 DSCR.