Loan amount
$125,000
Loan type
Purchase
{Fix&Flip}
After Repair Value
$240,000
{PP:$65,000}
ARV
52%
{ARV}
Property type
Single Family
Borrower Details
Credit score
560
Deal experience
None
This loan scenario was submitted by a Broker
No
Property Details
City
Lewisburg
State
Tennessee
Loan Details
Purchase price
$65,000
Down payment
$5,000
Cost of improvements
$65,000
Estimated property value after repairs
$240,000
Additional Loan Information
3 bedroom, 1 bath, 1673 sq. ft. Standard total flip. New siding, some small landscape work, gravel for the driveway, drywall repairs, paint, flooring, kitchen and bath remodel, plumbing repairs and new pipes needed. Home has .78 acre lot on the corner. Has potential to be a big and beautiful home. Home does not needed all top dollar material. Standard modern remodel with east Nashville touch. All material and labor cost will be controlled by me and will be very cost efficient.
Status
Open
Created
August 12, 2021 - 2:10pm
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