Loan amount
$95,000
Loan type
Refinance
{Fix&Rent}
After Repair Value
$220,000
ARV
43%
{ARV}
Property type
Single Family
Borrower Details
Credit score
580
Deal experience
1 deal
This loan scenario was submitted by a Broker
No
Property Details
City
Whitney
State
Texas
Loan Details
Current mortgage balance
$55,000
Cost of improvements
$40,000
Estimated property value after repairs
$220,000
Additional Loan Information
Single family home that is located by Lake Whitney. Full remodel that has new roof and is down to studs ready to finish out. Converted to 2400sq ft approved by City. Will finish project and then rent and continue to develop on same lot.
Status
Open
Created
October 10, 2023 - 11:46am
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