Loan amount
$35,000
Loan type
Purchase {Fix&Rent}
After Repair Value
$60,000 {PP:$30,000}
ARV
58% {ARV}
Property type
Single Family
Borrower Details
Credit score
600
Deal experience
10000 deals
This loan scenario was submitted by a Broker
Yes
Property Details
City
Clarksdale
State
Mississippi
Loan Details
Purchase price
$30,000
Down payment
$15,000
Cost of improvements
$20,000
Estimated property value after repairs
$60,000
Additional Loan Information
Fixer upper. I'm going to do the repairs to the home. It also has a small house in the back of the family home that needs work. I plan to make it my permanent home
Created
January 25, 2021 - 9:42pm

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