Have Property Under Contract
Bob Rosenthal

Borrower Info

 
Frank
Flipper
sdkjlfak@aim.com
2@lendingwise.com
(305) 606-2360
(305)-606 - 2360
vtext
Phone
No
4520 sw 62nd ct
miami
FL
33155
NA
Yes
4520 sw 62nd ct
miami
FL
33155
04/06/1981
654 - 64 - 5555
0
650
720 +

Borrowing Business Entity

ABC Investments
LLC
02/05/2008
GA
32 - 5645651
1200 S dixie hwy
miami
FL
33155
No
0.00
0
 
 
0.00
0.00
0.00
0.00
0.00
0
Same as Borrower/Applicant Info Above
Frank Flipper
President
50
123 main
(305) 606-2360
555 - 55 - 5555
01/16/1923
frank@lendingwise.com
Mike Jones
VP
25
123 sw 12 ave
(136) 456-5463 Ext 4565
(645) 634-5634
554 - 54 - 5454
03/03/2022

Additional Guarantors

No

HMDA - (Borrower)

N/A
Hispanic or Latino
Not Hispanic or Latino
Not Disclosed
 American Indian
 Asian
 Black or African American
 Native Hawaiian or Other Pacific Islander
 White
 Not Disclosed
Male Female Not Disclosed
Non-Veteran
Veteran
Service-Disabled Veteran
Spouse of Veteran
Not Disclosed
Face-to-Face Interview (includes Electronic Media w/ Video Component)
Telephone Interview
Fax or Mail
Email or Internet

Borrower Background

No
Spain
Green Card status
Yes
No
No
No
No
No
No

Borrower Experience

Yes
0
0
0
0
0
0
0
0
Yes
0
0
0
0
0
0
0
0
0
0
0
0
Upload HUD
0
0
Upload HUD
0
0
Upload HUD
Yes
5
Yes
2
NA
Yes
General Contractor
1,500,000.00
Residential fix & flip

Typical Transactions

To
To
To
To
0
To
0
0
To
0
0
To
0
0
To
0
0
To
0

SBA Questions

0.00
0.00
$
$
0
0

Assets (Include Borrower + Co-borrower)

Type
Estimated Value ($)
Amount Owed ($)
 
 
 
 
 
 
 
 
 
 
 
 
 

Total:

$

$

Total Est. Value

- Total Amt Owed

= Total Net Worth

$

- $

= $

Schedule of Real Estate Owned and Sold

 

Borrower Employment Information

$

Borrower Monthly Income

$
$
$
$
$
$
$
$

$ 9,000.00

(Borrower)

Borrower Monthly Expenses

Monthly Payment

Bal Owed

$ 4,910.00
$
$ 4.17
$
$ 2.50
$
$
$
$
$
$

$ 4,916.67

(Borrower)

Loan Terms

11/24/2021
$ 524,000.00
12/01/2021
From: 9 - To: 10
Investment
1
Purchase
No Doc
11/24/2020
1 Month
12 %
-1180.76
Interest Only     Fixed
TLA
$ 4,410.00
360
$ 50.00
$ 30.00
Yes
0
Yes
$ 500,000.00
$ 525,000.00
$ 850,000.00
$
maxAmtToPutDownClass
$ 225,000.00
commercialTdFieldsClass
45.00000 %
transactionalTdFieldsClass
$
275,000.00
rehabConsClsClass LOCTotalLoanAmt_dispClass
doesPropertyNeedRehabDispDivCLass1
$
doesPropertyNeedRehabDispDivClass2
0 %
doesPropertyNeedRehabDispDivClass3
$
150,000.00
propertyNeedRehabinitialTddispClass
$
payOffMortgage1_dispClass
$ 13,000.00
$ 14,000.00
propertyNeedRehabinitialTddispClass
$
280,000.00
CORTotalLoanAmt_disp
$ 441,000.00
$
500,000.00
$
511,540.00

Simple ARV 50.39 %

Full ARV 51.88 %

Acquisition LTV 58.20 %

Market LTV 55.43 %

Loan-to-Cost(LTC) 88.20 %

% Of Rehab/Construction
(Cost Financed) %

87.84 %

Subject Property Details

35 sw 18th rd
miami
FL
33129
Single Family Home
0
0.000  %
0
0
0.00
0
Fair
Needs lots of renovation work. hasnt been updates since 1995
1,000.00
0
In Month
Yes
Yes
0

Subject Property Cash Flow (Annualized)

 
60,000.00
 
$ 3,000.00
5.00
$ 57,000.00
 
50.00
 
30.00
 
3.00
 
3,000.00
 
$ 53,917.00
%
$
1.00
1.02 %
$  54,000.00

VENDOR & EQUIPMENT INFORMATION

0.00
0

Pictures of Property

#     Document Name File Type / Size Uploaded Info  
  Google API Image   Google API Image      

1st Lien Current Mortgage Scenario

Interest Only
12
1255455
0
0
4,910.00
50.00
4,960.00
0.00
0.00
0.00

2nd Lien Current Mortgage Scenario

0.000
0
0

Foreclosure / Default Info

2
NA
No
NA
XYZ Attorney
XYZ Law
bpocomp@test.com
(305) 606-2360
safak
miamiattoney
93933

Loan Workout Q & A

NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
0
NA
2
NA
NA
NA
No

Additional Questions

Will be remodeling and flipping
$
NA
$

Title Info

Murali Krishna

Attorney Info

Barbara Sandoval

XYZ Attorney

Escrow-Title Info

Escrow Info : 1

Insurance Agent Info

Jack Johnson

Billing/Payment Info for Appraisal Ordering

6351364163451631
frstyhrt
231

Tell us more about your scenario & what you are looking for in more detail

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Terms And Conditions

By submitting this application, you acknowledge that everything is true and correct to the best of your knowledge. If Pre-approved, you authorize us to pull your credit report. Certain fees, like an appraisal fee may not be refundable in the event your loan does not close with us.
By checking this box I agree to the terms and conditions. *
Uploaded Files, Documents & Binder

Uploaded Files, Documents

#
File Name Category Doc Type
Uploaded By
File Type
(Size)
1
Required Docs Lien release form 04/26/2022 10:05 AM - PST
- Frank Flipper (Client)
(JPG)
(1 MB)