Loan amount
$140,000
Loan type
Purchase {Fix&Flip}
After Repair Value
$239,998 {PP:$80,000}
ARV
58% {ARV}
Property type
Single Family
Borrower Details
Credit score
694
Deal experience
None
This loan scenario was submitted by a Broker
No
Property Details
City
Elrod
State
Alabama
Loan Details
Purchase price
$80,000
Down payment
$10,000
Cost of improvements
$70,000
Estimated property value after repairs
$239,998
Additional Loan Information
Is under contract looking for funding for an area that is considered rural yet has resent sells in the area to prove the ARV.
Looking for a low cost to close loan.
Status
Created
November 11, 2021 - 12:07pm

Hard Money Lenders Now Offering Real Estate Investor Loans in Alabama Birmingham | Montgomery | Huntsville | Mobile | Tuscaloosa | Hoover Hard Money Loans | Refinance Cash-Out | Purchase | Fix-N-Flip | Commercial | Construction | SBA Business Loans