Loan amount
$100,000
Loan type
Purchase {Fix&Flip}
Property value
$295,000 {PP:$20,000}
ARV
34% {ARV}
Property type
Single Family
Credit score
568
Deal experience
2 deals
This loan scenario was submitted by a Broker
No
City
Waverly
State
New York
Purchase price
$20,000
Down payment
$0
Cost of improvements
$80,000
Estimated property value after repairs
$295,000
Additional Loan Information
Under contract looking to close fast. Looking to help a family while I take the next step in my real estate investment company. The property is in Waverly NY close to everything! looking for 100k. Purchase Price is 20k with 80k in rehab ARV 200k to 250k 6 bed 3.5 bath 2800 sqft 6600 sqft lot with 440sqft garage. Looking to move fast. Looking for terms that are more property based and not credit based. Will pay back 150k after rehab and resell
Status
Created
May 26, 2023 - 1:31am

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