Loan amount
$73,000
Loan type
Purchase
{Fix&Flip}
After Repair Value
$120,000
{PP:$38,000}
ARV
61%
{ARV}
Property type
Single Family
Borrower Details
Credit score
575
Deal experience
None
This loan scenario was submitted by a Broker
No
Property Details
City
Chicago
State
Illinois
Loan Details
Purchase price
$38,000
Down payment
$5,000
Cost of improvements
$40,000
Estimated property value after repairs
$120,000
Additional Loan Information
Going to tour property on Friday. I'm first time real-estate investor. This will be my first fix n flip project. Currently, owns Earth Essentials Realty LLC. This property has great potential.
Status
Open
Created
August 29, 2023 - 9:56pm
Hard Money Lenders Now Offering Real Estate Investor Loans in Illinois Chicago | Aurora | Naperville | Joliet | Rockford | Springfield Hard Money Loans | Refinance Cash-Out | Purchase | Fix-N-Flip | Commercial | Construction | SBA Business Loans