Loan amount
$110,000
Loan type
Purchase
{Fix&Flip}
After Repair Value
$330,000
{PP:$75,000}
ARV
33%
{ARV}
Property type
Single Family
Borrower Details
Credit score
640
Deal experience
1 deal
This loan scenario was submitted by a Broker
No
Property Details
City
Bellwood
State
Illinois
Loan Details
Purchase price
$75,000
Down payment
$40,000
Cost of improvements
$75,000
Estimated property value after repairs
$330,000
Additional Loan Information
Single family home with detached garage. Currently its 2 bedrooms and 2.5 baths, Can easily be converted into a 4 bedroom 3 fulls baths. Property needs a full gut.
Replacements and repairs needed
Roof
Electrical upgrade(currently has 100 amp
Plumbing updates
Aluminum siding can be painted.
Brick is intact
Back enclosed porch needs to be removed
A new deck
All new windows (#17)
New flooring
New fixtures in kitchen and bathroom
Possible new mechanicals
Replacements and repairs needed
Roof
Electrical upgrade(currently has 100 amp
Plumbing updates
Aluminum siding can be painted.
Brick is intact
Back enclosed porch needs to be removed
A new deck
All new windows (#17)
New flooring
New fixtures in kitchen and bathroom
Possible new mechanicals
Status
Open
Created
October 30, 2021 - 8:46pm
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