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Refinance Loan in Kentucky

  • Posted on March 23, 2017
  • Status: Inactive ?

Loan & Collateral

Loan TypeRefinance
Security1st Mortgage
Loan Amount$120,000
Collateral Value$150,000
Calculated LTV80% ?
Address136 W Main St
CityMount Sterling
StateKentucky
Property TypeResidential

Exit Strategy

Ultimate exit strategy is long term rental. Would pay cash for property, they would like to refinance ARV to include rehab costs. If this is not possible, open to flipping.

Loan Proceeds

Loan will ultimately be cash out refinance. Plan to pay cash for purchase, then borrow on the ARV and use the funds for the rehab.

Borrower

ApplicantAndrea Murray
Agency?Borrower
Credit Grade Inactive ?
Phone Number Inactive ?

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