Loan amount
$209,000
Loan type
As-Is Property Value
$280,000
LTV
75%
{LTV}
Property type
Single family home
Borrower Details
Credit score
600
Deal experience
12 deals
This loan scenario was submitted by a Broker
Property Details
State
California
Loan Details
Additional Loan Information
We are buying REO property from Freddie Mac to flip. Purchase price of $209K. Rehab budget of $15K. Renovation should not take longer then 2-3 weeks. Property is located in Victorville, CA 92395. We are in contract now and estimated closing day is on Oct 18th. ARV is about $280K.
Status
Closed
Created
October 4, 2019 - 6:45pm
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