Loan amount
$44,000
Loan type
Purchase
{Fix&Rent}
After Repair Value
$105,000
{PP:$40,000}
ARV
42%
{ARV}
Property type
Single Family
Borrower Details
Credit score
665
Deal experience
None
This loan scenario was submitted by a Broker
No
Property Details
City
Port Arthur
State
Texas
Loan Details
Purchase price
$40,000
Down payment
$4,000
Cost of improvements
$8,000
Estimated property value after repairs
$105,000
Additional Loan Information
Im Under contract, searching for funding with no more than 11% interest. 3br/1-1/2 ba single family home. Needs a little updating and its ready to go within weeks!
Status
Open
Created
January 14, 2021 - 1:39am
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