Loan amount
$380,000
Loan type
Purchase {Fix&Flip}
After Repair Value
$475,000 {PP:$350,000}
ARV
80% {ARV}
Property type
Other Commercial
Borrower Details
Credit score
700
Deal experience
2 deals
This loan scenario was submitted by a Broker
No
Property Details
City
Anchorage
State
Alaska
Loan Details
Purchase price
$350,000
Down payment
$1
Cost of improvements
$30,000
Estimated property value after repairs
$475,000
Additional Loan Information
Simple fix and flip commercial buyer in place minimal repairs 86% of the 70% rule. budget ready team ready. purchase price is below assessment.
Status
Created
May 9, 2021 - 3:39pm

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