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  • Writer's pictureStephen Sinko

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

Updated: Dec 23, 2021

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 - Single story community. 1324 sq feet 4 bed & 2 Bath w/ Swimming Pool on a oversized lot with side yard RV/ Trailer parking. Community tennis courts, playgrounds and parks. Fresh interior paint, brand new carpet, matching black appliances, washer and dryer and custom painted cabinets! All rooms have ceiling fans and the primary bedroom has a custom closet w cabinets. The swimming pool has a resurfaced in the past 12 months.

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