Loan amount
$121,500
Loan type
Purchase {Fix&Rent}
After Repair Value
$300,000 {PP:$58,000}
ARV
41% {ARV}
Property type
Condo
Borrower Details
Credit score
675
Deal experience
1 deal
This loan scenario was submitted by a Broker
No
Property Details
City
Reno
State
Nevada
Loan Details
Purchase price
$58,000
Down payment
$6,500
Cost of improvements
$70,000
Estimated property value after repairs
$300,000
Additional Loan Information
I want to purchase this land along with the house to upgrade it’s asthetic spiral inside an out due to Reno becoming more populated as well as the construction of other properties has vastly increased since COVID 19 pandemic making Reno a great place financially also appeal wise for many residents I would be able to triple maybe more with upgrades to the facilities making this a sure fire deal an easy prospect for a money venture.
Status
Created
March 30, 2024 - 4:46am

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