Loan amount
$55,000
Loan type
As-Is Property Value
$100,000
LTV
56%
{LTV}
Property type
Single family home
Borrower Details
Credit score
650
Deal experience
5 deals
This loan scenario was submitted by a Broker
Property Details
State
Iowa
Loan Details
Additional Loan Information
I own a house free and clear that I was renting out. Now I would like to fix it and flip it. We have already gutted the house and began doing some renovations but need financing to complete the rest. Current value $25K. $50K renovation budget. Work will take 6 months. ARV $100K. Property located in Dunlap, IA.
Status
Closed
Created
April 10, 2020 - 9:42am
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