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Writer's pictureStephen Sinko

Family Cash out Refi

Updated: Dec 23, 2021

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 additional car parking, large backyard. New A/C, paint, flooring, new doors, sink, oven & built in microwave, master bathroom, fixtures and asphalt shingle roof.


This is a purchase money loan. Borrower has already done all of the work and is buying out family member.





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