Loan amount
$50,000
Loan type
As-Is Property Value
$70,000
LTV
72%
{LTV}
Property type
Single family home
Borrower Details
Credit score
802
Deal experience
1 deal
This loan scenario was submitted by a Broker
Property Details
State
Iowa
Loan Details
Additional Loan Information
Would like to purchase the property to flip it and resell. The home has been on the market for 3 days for $26,900 and has an assessed net value of $52,100. I am a licensed real estate agent and my husband has experience in home construction. $25k renovation budget. List by July. $65k-70k value after renovation. Not currently under contract. Property located in Estherville, IA.
Status
Closed
Created
March 9, 2020 - 8:20pm
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