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Purchase Loan in Alabama

  • Posted on September 17, 2017
  • Status: Inactive ?

Loan & Collateral

Loan TypePurchase
Security1st Mortgage
Loan Amount$30,000
Collateral Value$75,000
Available Downpayment$10,000
Calculated LTV40% ?
Address 4935 Farrell Ave,
CityFairfield,
StateAlabama
Property TypeMultifamily

Exit Strategy

Plan to pay lender back with monthly rent and funds from other rehab projects.

Loan Proceeds

This is for the purchase of the property.

Borrower

ApplicantCarolita Smith
Agency?Borrower
OrganizationLord Investors of Real Estate, LLC
Credit Grade Inactive ?
Phone Number Inactive ?

Private Money in Alabama

The MoolahList hard money directory lists 86 lenders in Alabama

Find more hard money lenders.