#vegasblogger

Stephen Sinko

Feb 5, 2021
1 min

Fix and Flipped This

Estimated Closing Date: 2/05/2021 Property Address: Del Amo Dr Las Vegas, NV 89110 Parcel Size: 6,534 sq feet sq ft Residential / Building Area: 1,272 sq ft 4 Bed & 2 Bath w/ Pool and Spa Year Built: 1970 Loan Amount: $120,000.00 Approximate Value: $160,000.00 Loan to Value: 82% based on purchase price Loan Term: 6 Months Payments: Interest Only Payments Property Zoning: Single Family Home Other useful information for the Investor: Single family home with a total of 4 bedr

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Stephen Sinko

Jan 27, 2021
1 min

Buyers fell through - Snapped this up

Estimated Closing Date: 1/27/2021 Property Address: William Anders Ave Las Vegas, NV 89145 Parcel Size: .30 of an Acre 13,068 sq ft Residential / Building Area: 1,784 sq ft 4 Bed & 2 Bath w/ Pool Year Built: 1976 Loan Amount: $160,000.00 Approximate Value: $250,000.00 Loan to Value: 80% based on purchase price Loan Term: 12 Months – 3 Month Prepay Payments: Interest Only Payments Property Zoning: Single Family Home Other useful information for the Investor: Single family h

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Stephen Sinko

Jan 19, 2021
1 min

Refinance - almost out of the weeds

Estimated Closing Date: 1/19/2021 Property Address: Shadow Fern Ave Las Vegas, NV 89131 Parcel Size: .30 of an Acre 13,068 sq ft Residential / Building Area: Single Story, 2,722 sq foot 4 bed/ 2 1/2 bath w/ Pool Year Built: 2003 Loan Amount: $225,000.00 Approximate Value: $455,000.00 Loan to Value: 50% based on purchase price Loan Term: 12 Months – 3 Month Prepay Payments: Interest Only Payments Property Zoning: Single Family Home Property Description: Extraordinary 1-st

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Stephen Sinko

Jan 8, 2021
1 min

Conversion to Real Property

Estimated Closing Date: 01/08/2021 Property Address: E. Carey Ave. Las Vegas, NV 89156 Parcel Size: 5,227 sqft Residential / Building Area: Modular Home – to be converted to real property (1,488 approx. sq ft 3 Bed, 2 Bath & Studio Apt. Sitting on .15 acres) Year Built: 1972 Loan Amount: $25,000.00 Approximate Value: $190,000.00 Loan to Value: 13% based on purchase price Loan Term: 12 Months – 3 Month Prepay Payments: Interest Only Payments Property Zoning: Manufactured

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Stephen Sinko

Dec 24, 2020
1 min

One of my favorite drinks at lunch

Estimated Closing Date: 12/24/2020 Property Address: Arnold Palmer Way Las Vegas, Nevada Parcel Size: 5,227 sqft Residential / Building Area: Single Story, 1,862 sq foot 3 bed/ 2 bath, 3 car garage Year Built: 1990 Loan Amount: $175,000.00 Approximate Value: $450,000.00 per Trustee Loan to Value: 38.89% based on purchase price Loan Term: 12 Months – 3 Month Prepay Payments: Interest Only Payments Property Zoning: Single Family Residential Extraordinary Painted Desert Golf

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Stephen Sinko

Dec 18, 2020
1 min

Fix and Flip - Duplex

Estimated Closing Date: 12/11/2020 Property Address: Exley Ave. Las Vegas, Nevada 89104 Parcel Size: (.16 acres) 6,969 square feet Residential / Building Area: Single Story 1,786 sq. ft. 5 Bed 2 bath w/ 414 Carport Year Built: 1954 Loan Amount: $120,000.00 Approximate Value: Purchase Contract $165,000.00 Loan to Value: 72.7% based on purchase price Loan Term: 12 Months – 3 Month Prepay Payments: Interest Only Payments Property Zoning: Single Family Residential - Duplex Pr

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Stephen Sinko

Dec 17, 2020
1 min

Estate needed a Bridge

Estimated Closing Date: 12/17/2020 Property Address: Sprucewood Street Las Vegas, Nevada 89147 Parcel Size: (.18 acres) 7,840 sq ft Residential / Building Area: 1,024 sq foot 3 bed/ 2 bath w/ 280 sq ft garage. Loan Amount: $100,000.00 Approximate Value: $206,000.00 per borrower/ successor trustee Loan to Value: 48.5% based on purchase price Loan Term: 24 Months (2 years) – 3 Months Guaranteed Payments: Interest Only Payments Property Zoning: Single Story (Row House / To

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Stephen Sinko

Nov 30, 2020
1 min

Rental for your Mom

Estimated Closing Date: 11/30/2020 Property Address: Fort Apache Rd. # Las Vegas, NV 89117 Parcel Size: SFR Condo Residential / Building Area: 752 sq feet 1 bed & 1 Bath Year built: 1991 Loan Amount: $94,000.00 Purchase Price: $117,000.00 (11/30/2020) Loan To Value: 80% Loan Term: 2 years or 24 months – 3 Months Guaranteed Payments: Interest Only Payments Property Description: 1 bedroom, 1 bath first floor Condo in a spectacular guard gated resort style living communi

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New Investor - Traditional Lender Turndown

Stephen Sinko

Nov 16, 2020
1 min

New Investor - Traditional Lender Turndown

Estimated Closing Date: 11/16/2020 Property Address: Hilmont St. N. Las Vegas, Nevada 89031 Parcel Size: .14 Acres - 6,098 sq ft Residential / Building Area: 1937 sq feet 4 bed & 2 Bath Year built: 2000 Loan Amount: $180,000.00 Purchase Price: $300,000.00 (11/16/2020) Loan To Value: 60% Loan Term: 1 years or 12 months – 3 Months Guaranteed Payments: Interest Only Payments Property Description: Beautiful home located on a corner lot in the north (NO HOA). This two story fea

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Stephen Sinko

Nov 11, 2020
1 min

TRUST Me - I get it

Estimated Closing Date: 11/11/2020 Property Address: Chokecherry Ave Henderson, NV 89074 Residential / Building Area: Single Story, 2,171 sq foot 3 bed/ 2 bath w/ Pool & Spa & 3 car garage. Year Built: 1996 Loan Amount: $150,000.00 Estimated Value: $400,000.00 per trustee Loan to Value (Purchase): 37.5% Loan Term: 12 Months – 3 Months Guaranteed Payments: Interest Only Payments Property Zoning: Single Family Residential Property Description: Extraordinary 1-story pool/sp

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Because not all investment property loan make sense to FANNY & FREDDIE

Stephen Sinko

Sep 22, 2020
1 min

Because not all investment property loan make sense to FANNY & FREDDIE

Estimated Closing Date: 09/22/2020 Brently Place – Las Vegas, Nevada 89122 Parcel Size: (.18 acres) 7,840 sq ft Residential / Building Area: 1324 sq feet 4 bed & 2 Bath w/ Swimming Pool Loan Amount: $240,000.00 Approximate Value: $297,000.00 (Epic Appraisal Service 8/05/2020) Loan to Value: 80% based on purchase price Loan Term: 12 Months w/ 3 Months Guaranteed Payments: Interest Only Payments Property Zoning: Single Family Residential Property Description: Guard gated -

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Stephen Sinko

Sep 18, 2020
1 min

Commercial REFI - to grow

Estimated Closing Date: 09/18/2020 Saddle Tree Dr. (Paradise) Parcel Size: (.34 acres) 14,810 sq ft Building Area: 5,088 sq ft Loan Amount: $350,000.00 Approximate Value: Listed 9/10/2019 $900,000.00 Loan to Value: 38.89% based on listing price Loan Term: 12 Months w/ 3 Months Guaranteed Payments: Interest Only Payments Property Zoning: Industrial / Light Manufacturing, Storage Other useful information for the Investor: Built in 1991. Owner user tilt up concrete warehou

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Stephen Sinko

Sep 11, 2020
1 min

Someone had to paint it...

Estimated Closing Date: 09/11/2020 Kassabian Ave. Las Vegas, Nevada Unit Size: 2,207 sq ft 4 Bedroom 2 1/2 Bath Loan Amount: $195,000.00 – ($85 a sq foot) Approximate Value: $236,000 Assigned Purchase Contract Loan to Value: 82.5% based on purchase price Loan Term: 12 Months w/ 3 Months Guaranteed Payments: Interest Only Payments Property Zoning: Single Family Residential Other useful information for the Investor: Well maintained single family home built in 1962. Total of

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Stephen Sinko

Sep 8, 2020
1 min

Quick little remodel

Estimated Closing Date: 09/08/2020 Flaming Gorge St. Las Vegas, Nevada 89156 Unit Size: Modular Home (1,488 sq ft 3 Bed, 2 Bath & Sitting on .18 acres) Loan Amount: $25,000.00 Approximate Value: $170,000.00 Loan to Value: 15% based on purchase price Loan Term: 12 Months w/ 3 Months Guaranteed Payments: Interest Only Payments Property Zoning: Converted Modular / Single Family Residential Other useful information for the Investor: Property is fully gated with Bid renovation

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Stephen Sinko

Aug 30, 2020
1 min

Loft Concept - Fix & Flip

Estimated Closing Date: 8/31/2020 Garden North Drive, Las Vegas, NV 89121 Unit Size: 2,093 sq ft 3 Bed, 2.5 Bath & 483 sq ft garage Loan Amount: $165,000.00 – or $78 sq ft Approximate Value $245,000.00 Loan to Value: 67% based on purchase price Loan Term: 12 Months w/ 3 Months Guaranteed Payments: Interest Only Payments Property Zoning: Condo / Single Family Residential Other useful information for the Investor: *REMODEL w/ COMMERCIAL LOFT FEEL* - Beautiful 3 bedroom 2.

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Stephen Sinko

Aug 28, 2020
1 min

Fix & Flip - McNeil Estates

Estimated Closing Date: 08/28/2020 Burton Street Las Vegas, Nevada 89102 Unit Size: .22 acres or 9,583 sq ft Loan Amount: $300,000.00 Approximate Value: $394,900.00 Loan to Value: 75% based on purchase price Loan Term: 12 Months w/ 3 Months Guaranteed Payments: Interest Only Payments Property Zoning: Single Family Residential Other useful information for the Investor: Built in 1972 – Fantastic location off Charleston and Rancho. 3 Bedrooms, 2.5 baths. 2,674 square feet w

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Stephen Sinko

Jul 24, 2020
1 min

Royal Crest Condo Remodel

Estimated Closing Date: 06/26/2020 S Royal Crest Cir #11 Unit Size: 624 sq ft 1 Bed, 1 Bath Loan Amount: $62,000.00 Approximate Value $77,000.00 Loan to Value: 80% based on purchase price Loan Term: 12 Months w/ 3 Months Guaranteed Payments: Interest Only Payments Property Zoning: Condo / Single Family Residential Other useful information for the Investor: Single family condo with a total of 1 bedrooms and 1 bathrooms. It was built in 1963, is approximately 624 square fe

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Stephen Sinko

Jul 20, 2020
1 min

Cash Out Refinance – Vacant Lot

Estimated Closing Date: 07/21/2020 West Silver Sage Pahrump, NV 89060 Unit Size: Vacant Lot Loan Amount: $40,000.00 Approximate Value $150,000.00 Loan to Value: 26.67% based on purchase price Loan Term: 2 Years w/ 3 Months Guaranteed Payments: Interest Only Payments Property Zoning: Single Family Residential Borrower needs the funding to pay for Water Rights / Pump System / Valley Electric Power delivery / Soils and Perc Test/ Septic Borrower will refinance once house pl

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Stephen Sinko

Jul 19, 2020
1 min

Family Cash out Refi

Estimated Closing Date: 07/20/2020 Palm St. Las Vegas, Nevada 89104 Unit Size: 1344 sq ft 3 Bedroom and 2 Bath Lot size: .15 acre 6,534 sq. ft. Loan Amount: $150,000.00 Approximate Value $220,000.00 Loan to Value: 68% based on purchase price Loan to Market Value: 68% Loan Term: 2 Year w/ 3 Months Guaranteed Payments: Interest Only Payments Property Zoning: Condo / Single Family Residential MOVE IN READY - Cozy remodel of this single story home built in 1920 with RV addit

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Stephen Sinko

Jul 15, 2020
1 min

80% Loan to Value - Fix and Flip

Estimated Closing Date: 05/29/2020 Plumtree Street Las Vegas, Nevada 89115 Parcel Size: (.15 acres) 6,534 sq ft Loan Amount: $120,000.00 Purchase Price: $151,000.00 Approximate Value: $209,900.00 Loan To Value: 80% based in purchase price Loan Term: 6 Months – 3 Months Guaranteed Payments: Interest Only Payments MOVE IN READY - Cozy single story home with RV parking, large backyard and covered patio. New paint, new carpet, new doors, sink, oven & built in microwave, fixt

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