Loan amount
$100,000
Loan type
Purchase {Fix&Rent}
After Repair Value
$160,000 {PP:$100,000}
ARV
63% {ARV}
Property type
Single Family
Borrower Details
Credit score
720
Deal experience
None
This loan scenario was submitted by a Broker
No
Property Details
City
Redford
State
Michigan
Loan Details
Purchase price
$100,000
Down payment
$15,000
Cost of improvements
$15,000
Estimated property value after repairs
$160,000
Additional Loan Information
Rehab; kitchen, bathroom, paint throughout, carpet, replace light fixtures, paint outside deck
Status
Created
June 2, 2023 - 8:47am

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