Loan amount
$210,000
Loan type
Purchase {Fix&Rent}
After Repair Value
$300,000 {PP:$0}
ARV
70% {ARV}
Property type
Single Family
Borrower Details
Credit score
771
Deal experience
2 deals
This loan scenario was submitted by a Broker
No
Property Details
State
New York
Loan Details
Down payment
$0
Additional Loan Information
Updating 2 bath bathrooms, kitchen, siding, roof, HVAC of a 3 bed, 2 bath home. ARV of similar homes is $280,000 - $305,000. Plan to rent main level of home and use 2nd level has AirBnB. This is an off MLS/ estate sale property. Already have signed contract and family has given me possession of the property under to start renovations. Looking for 90 financing based on improved value.

Includes Email Address:
Status
Created
January 4, 2021 - 12:05pm

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