Loan amount
$75,000
Loan type
As-Is Property Value
$145,000
LTV
52%
{LTV}
Property type
Single family home
Borrower Details
Credit score
621
Deal experience
18 deals
This loan scenario was submitted by a Broker
Property Details
State
Missouri
Loan Details
Additional Loan Information
I am looking to purchase a residential property to flip. I would like to work with a company that can provide me with a good approval letter so I may put contracts on potential properties. I would need to know what information would need to be supplied in advance of the approval letter. The property i'm looking at now is asking $65K. Renovation budget of $30K; mostly self-funded. Will take 5-6 weeks. ARV $145K. Located in St. Louis.
Status
Closed
Created
September 17, 2019 - 7:44pm
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