Loan amount
$200,000
Loan type
As-Is Property Value
$300,000
LTV
67%
{LTV}
Property type
Single family home
Borrower Details
Credit score
500
Deal experience
3 deals
This loan scenario was submitted by a Broker
Property Details
State
Florida
Loan Details
Additional Loan Information
Property needs cosmetic updates in the two bathrooms, kitchen cabinets, central air unit, pool pump, paint inside and out. Purchase price $190k. Renovation budget $15k. 2 weeks to complete the work. ARV $325k. Deed in lieu in position. Will become a rental with an estimated $2500 income monthly.
Status
Closed
Created
November 18, 2019 - 9:56am
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