Loan amount
$150,000
Loan type
Purchase {Fix&Flip}
Property value
$200,000 {PP:$0}
ARV
75% {ARV}
Property type
Single Family
Credit score
530
Deal experience
None
This loan scenario was submitted by a Broker
No
State
Oklahoma
Down payment
$0
Additional Loan Information
The property in a 4 bed 3 bath 2,312 sqft home is currently priced at 135,000 HUD Foreclosure but estimated value currently is 155,000 I am looking to fix and flip needs roof, landscaping, painting, flooring the median value of homes in the area is 178,000 to 212,000.
This would be my first home investment I know a whole lot about homes. I have remodeled 3 homes now and I just would like the opportunity to begin remodeling myself. thank you
Status
Created
December 24, 2020 - 11:21am

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