Loan amount
$225,000
Loan type
Purchase {Fix&Flip}
After Repair Value
$310,000 {PP:$220,000}
ARV
73% {ARV}
Property type
Single Family
Borrower Details
Credit score
740
Deal experience
4 deals
This loan scenario was submitted by a Broker
No
Property Details
City
Elkhart
State
Indiana
Loan Details
Purchase price
$220,000
Down payment
$20,000
Cost of improvements
$25,000
Estimated property value after repairs
$310,000
Additional Loan Information
Buying sfh off market. Adding two bedrooms and updating the counter in the kitchen. Adding one bathroom. Flipping on market.
Status
Created
March 3, 2023 - 10:17am

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