Loan amount
$135,000
Loan type
As-Is Property Value
$200,000
LTV
68%
{LTV}
Property type
Single family home
Borrower Details
Credit score
550
Deal experience
3 deals
This loan scenario was submitted by a Broker
Property Details
State
Ohio
Loan Details
Additional Loan Information
The property was just reduced to $124K. It needs some updating, but it appears to be mostly cosmetic. Some outbuildings need some repair or removal. Estimate $15K for renovations. Work will take 6 months or less. ARV $200K. Not yet in contract. Property located in Piqua, OH. Will live in the property during the flip, then sell after the work is complete.
Status
Closed
Created
January 29, 2020 - 8:30am
Hard Money Lenders Now Offering Real Estate Investor Loans in Ohio Columbus | Cleveland | Cincinnati | Toledo | Akron | Dayton Hard Money Loans | Refinance Cash-Out | Purchase | Fix-N-Flip | Commercial | Construction | SBA Business Loans