Loan Request for Residential loan in Midland, TX, 79701

Request #3701702 by Lender

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Date Posted

7/16/2024 10:29:07 AM

Property at

Midland, TX, 79701, USA Show Map

Borrower at

Property Type

Residential

Property Value

$230,000

Purchase Price

$75,000

Loan Request

$50,000

LTV

66.67 %

Credit Rating

580-599

Net Worth

$250,000 - $500,000

Loan Purpose

Purchase Fix N' Flip

Purpose

I've own this house for about two years. It's paid off. I want to sell it as soon as possible, but I need to renovate it so it sells faster and for more profits. Originally I paid 75 thousand for the house, it's appraised at 130 thousand, but with renovations done, I'm confident it will sell for over 200.

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Loan Request for Residential loan in Midland, TX, 79701