Loan amount
$40,000
Loan type
Purchase
{Fix&Flip}
After Repair Value
$125,000
{PP:$16,500}
ARV
32%
{ARV}
Property type
Single Family
Borrower Details
Credit score
630
Deal experience
None
This loan scenario was submitted by a Broker
No
Property Details
City
Beckley
State
West Virginia
Loan Details
Purchase price
$16,500
Down payment
$16,500
Cost of improvements
$40,000
Estimated property value after repairs
$125,000
Additional Loan Information
I have a contract and submitted $1,000 Ernest money. Closing is scheduled this week. I have a licensed contractor who is registered to get permit for this project. Need funding as soon as possible.
Status
Open
Created
November 1, 2021 - 7:36pm
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