Loan amount
$80,000
Loan type
As-Is Property Value
$150,000
LTV
54%
{LTV}
Property type
Single family home
Borrower Details
Credit score
685
Deal experience
1 deal
This loan scenario was submitted by a Broker
Property Details
State
Alabama
Loan Details
Additional Loan Information
Fix and flip. Foreclosure in a great neighborhood. Average renovations and can possibly have a bidding war with location. Purchase price $60K. 10-15% down. Renovation budget $40K. 30 day timeline. ARV $145-150K. Not yet in contract. Property located in Fairfield, AL.
Status
Closed
Created
August 30, 2020 - 9:59am
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