Loan amount
$63,500
Loan type
Purchase
{Fix&Rent}
After Repair Value
$80,000
{PP:$60,000}
ARV
79%
{ARV}
Property type
Single Family
Borrower Details
Credit score
500
Deal experience
None
This loan scenario was submitted by a Broker
No
Property Details
City
Fairview
State
Alabama
Loan Details
Purchase price
$60,000
Down payment
$500
Cost of improvements
$4,000
Estimated property value after repairs
$80,000
Additional Loan Information
3bed 2bath single family home tenant occupied currently collecting rent. minimal upgrade needed to increase rent. looking to purchase rent and hold with a little rehab needed
Status
Open
Created
August 13, 2021 - 1:37pm
Hard Money Lenders Now Offering Real Estate Investor Loans in Alabama Birmingham | Montgomery | Huntsville | Mobile | Tuscaloosa | Hoover Hard Money Loans | Refinance Cash-Out | Purchase | Fix-N-Flip | Commercial | Construction | SBA Business Loans