Loan amount
$1,200,000
Loan type
As-Is Property Value
$1,800,000
LTV
67%
{LTV}
Property type
Single family home
Borrower Details
Credit score
700
Deal experience
30 deals
This loan scenario was submitted by a Broker
Property Details
State
Texas
Loan Details
Additional Loan Information
Fix and flip. Purchasing a property that we have under contract for $797K. Putting $395K into a rehab to update it and repair it from the storm. Work will take 90 days. Need to close ASAP 10 days and happy to put $100K down as well as pay up to 12%. ARV $1.8M. Property located in Dallas, TX.
Status
Closed
Created
April 3, 2020 - 10:31am
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