Loan Request for Residential loan in Landis, NC, 28088

Request #3711703 by Lender

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Date Posted

1/28/2025 7:58:46 PM

Property at

Landis, NC, 28088, USA Show Map

Borrower at

Property Type

Residential

Property Value

$316,000

Amount of Existing Loans

$224,000

Loan Request

$280,000

LTV

88.61 %

Credit Rating

660-679

Net Worth

$2,000 - $5,000

Loan Purpose

Property Purchase

Purpose

To acquire and renovate a promising fix-and-flip property at 600 Chapel St S, Landis, NC, with a purchase price of $185K and an ARV of $316K. Funds will cover acquisition, renovations, and closing costs, ensuring a high-ROI project in a growing market. A strong exit strategy is in place—flip for profit.

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Loan Request for Residential loan in Landis, NC, 28088