Loan amount
$210,500
Loan type
Purchase
{Fix&Flip}
After Repair Value
$275,000
{PP:$215,000}
ARV
76%
{ARV}
Property type
Single Family
Borrower Details
Credit score
550
Deal experience
4 deals
This loan scenario was submitted by a Broker
Yes
Property Details
City
Birminham
State
Alabama
Loan Details
Purchase price
$215,000
Down payment
$24,995
Cost of improvements
$20,000
Estimated property value after repairs
$275,000
Additional Loan Information
Property is under contract and the appraisal has been completed, seeking a asset based hard money loan because the borrowers credit is in the 550 range
Status
Open
Created
January 21, 2023 - 3:00am
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