Deal Status

Active

Property Address

4425 Allison St, Norwood Ohio 45212

Requested Loan Amount

$100,000

Loan to Value

33%

Loan Term

12 months

Lien Position

1st

Collateral Type

Residential Property

Exit Strategy

Sale of Subject Property

Collateral and Loan Details

Property Type

Single Family Residence

Number of Bedrooms

3

Number of Bathrooms

2

Owner Occupied

No

Loan Type

Refinance

Property Sq. Footage

1,606

Current Market Value

$155,000

Equity Cash Out

Yes

Equity Cash Out Purpose

Improve Subject Property

Equity Cash Out Details

Siding, kitchen, bathrooms, drywall, landscaping, windows, demolition.

Have Appraisal

Yes

Appraisal Date

05/21/2021

APN Parcel ID

651-0050-0230-00

Lot Size

0.20 acres

Will additional properties be collateralized?

No

Borrower Entity

LLC

Borrower Credit Rating

Good

Attachments

Comments

Paid cash for the house just need funds to get it ready for market. HVAC was quoted at 15k. Electric was quoted at 10k. I am a certified vinyl siding installer. Plans are in the process of getting approval from the building department. Only 8 windows need replaced and have been ordered and should be installed in September. Appraisal is attached and complete with pictures.

https://drive.google.com/file/d/1ZMBLNxsch2xd9m2rb9imcwqTSqDkKaTf/view?usp=drivesdk

First Name

Shawn

Last Name

Hryb

Phone Number

(513) 849-0530

Role

Borrower

Location

Cincinnati, Ohio

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