Loan amount
$180,000
Loan type
Purchase
{Fix&Rent}
After Repair Value
$316,999
{PP:$111,000}
ARV
57%
{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
Adel
State
Georgia
Loan Details
Purchase price
$111,000
Down payment
$16,000
Cost of improvements
$84,999
Estimated property value after repairs
$316,999
Additional Loan Information
complete rehab of large farmhouse and ADU on 4 acres which at a later time can be split and additional rental properties can be built. One possible future strategy. Rural home but very close to town in the 31620 zip code. Extensive equity in this property.
Status
Open
Created
October 12, 2022 - 1:03pm
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