Loan amount
$115,000
Loan type
As-Is Property Value
$150,000
LTV
77%
{LTV}
Property type
Single family home
Borrower Details
Credit score
735
Deal experience
2 deals
This loan scenario was submitted by a Broker
Property Details
State
Michigan
Loan Details
Additional Loan Information
Fix and flip Home is off market. Needs a face lift, update the flooring and and repaint (cosmetics). The purchase price of the home is $115,000. Renovation budget $7,300. Home should be completed in 5 weeks then instantly on the market with a value of $150,000. I am not in contract, currently trying to get finances in order. House is located in Holland MI.
Status
Closed
Created
April 21, 2020 - 12:36pm
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