Loan amount
$275,000
Loan type
Purchase
{Fix&Flip}
After Repair Value
$400,000
{PP:$235,000}
ARV
69%
{ARV}
Property type
Single Family
Borrower Details
Credit score
700
Deal experience
None
This loan scenario was submitted by a Broker
No
Property Details
City
Charlotte
State
North Carolina
Loan Details
Purchase price
$235,000
Down payment
$20,000
Cost of improvements
$60,000
Estimated property value after repairs
$400,000
Additional Loan Information
I have a property currently under contract that I am looking to do a fix and flip on. The property is in the Charlotte Area close to downtown. 3 bed 2 bath 1644sqft. One story single family home. Under Contract for $235k.
Status
Open
Created
May 23, 2023 - 9:30am
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