Rental Property Acquisition Loan – Phoenix, AZ
Loan Amount – $295,000.00
Loan Type – Purchase/Acquisition Loan
This was an acquisition loan for a single-family residence at W Culver St in Phoenix, AZ.
The borrower retained this property as a short term rental.
Location: W Culver St
Phoenix, AZ
Purchase Loan – Phoenix, AZ
Loan Amount – $186,000.00
Loan Type – Purchase Loan
This was a purchase loan for a fix & flip project at Royal Palm Rd in Phoenix.
The borrower acquired the property for $195,000 with an ARV of $318,000, intending to renovate and resell the property.
Location: Royal Palm Rd
Phoenix, AZ
