Loan amount
$134,500
Loan type
Refinance
{Fix&Flip}
After Repair Value
$450,000
ARV
30%
{ARV}
Property type
Single Family
Borrower Details
Credit score
586
Deal experience
2 deals
This loan scenario was submitted by a Broker
No
Property Details
City
Indianapolis
State
Indiana
Loan Details
Current mortgage balance
$0
Cost of improvements
$134,500
Estimated property value after repairs
$450,000
Additional Loan Information
This project is in a great area the prices of houses have increased. This property will be completely rehabbed and will appraise for 400-450. we will be at 65% before rehab and 30% after rehab.
Status
Open
Created
February 3, 2021 - 10:05pm
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