Share 'Looking for Cash Out Non Owner Occ 65% Loan'
My name is Jamie
The property is valued (per Zillow) at $70,000.
I purchased in 2005 for $60,000 and my conservative estimated value is around $50,000.
Looking for $32,500 (65% LTV) with all cost being financed into the loan.
I am using the funds to restructure some debt that would allow me to cash flow $1000/month.
Also to strength my personal credit which at this time is 667, 627,692
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