Mortgage lead for Residential loan in Gary, IN, 46407

Loan Request for Residential loan in Gary, IN, 46407

Request #3706119 by Lender

Date Posted

10/17/2024 7:21:56 AM

Property at

Gary, IN, 46407, USA Show Map

Borrower at

Property Type

Residential

Property Value

$210,000

Purchase Price

$40,000

Loan Request

$85,000

LTV

40.48 %

Credit Rating

660-679

Net Worth

$2,000 - $5,000

Loan Purpose

Purchase and Construction

Purpose

Hi. I have a property under contract at a very low price, major renovations complete within 30-45 days, resale value $210,00. Including purchase price , permits , appraisal, contractors and materials I need $80-$85k. I am a project manager. This would be my 10th property that I helped flip in 3 years, one in which my name was on the deed. My plan is to sell the property paying off the loan immediately. I have many cheap property under contract .

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Loan Request for Residential loan in Gary, IN, 46407