Loan amount
$80,000
Loan type
As-Is Property Value
$150,000
LTV
54%
{LTV}
Property type
Single family home
Borrower Details
Credit score
620
Deal experience
1 deal
This loan scenario was submitted by a Broker
Property Details
State
Alabama
Loan Details
Additional Loan Information
Looking to make an offer. Property is a foreclosed single story in need of new paint & flooring throughout, septic repair, driveway repair, bathroom add, new kitchen countertops. My current profession is actively in the construction industry/structural steel focus with 11 years in the industry. Purchase price $50K. Renovation budget $30K. 1 month timeline. ARV $150K. Located in Talladega, AL. Plan to hold and rent for $1,200.
Status
Closed
Created
May 8, 2020 - 3:07pm
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