Loan amount
$225,000
Loan type
Purchase
{Fix&Rent}
After Repair Value
$450,000
{PP:$100,000}
ARV
50%
{ARV}
Property type
Multi-Family 1-4 Units
Borrower Details
Credit score
550
Deal experience
6 deals
This loan scenario was submitted by a Broker
Yes
Property Details
City
Newark
State
New York
Loan Details
Purchase price
$100,000
Down payment
$100,000
Cost of improvements
$225,000
Estimated property value after repairs
$450,000
Additional Loan Information
Fix to rent. Fico low for no good reason. We're fixing that now for the refi. $100K construction already done.
Status
Created
January 17, 2021 - 10:11am
Hard Money Lenders Now Offering Real Estate Investor Loans in New York Buffalo | Rochester | Yonkers | Syracuse | Albany | Spring Valley Hard Money Loans | Refinance Cash-Out | Purchase | Fix-N-Flip | Commercial | Construction | SBA Business Loans