Loan amount
$185,000
Loan type
Purchase
{Fix&Flip}
After Repair Value
$275,000
{PP:$155,000}
ARV
67%
{ARV}
Property type
Single Family
Borrower Details
Credit score
570
Deal experience
1 deal
This loan scenario was submitted by a Broker
No
Property Details
City
Sturgis
State
South Dakota
Loan Details
Purchase price
$155,000
Down payment
$1
Cost of improvements
$30,000
Estimated property value after repairs
$275,000
Additional Loan Information
I have a 4 bedroom, 1 bath house under contract in Sturgis, SD. It needs new paint, carpet and tile, updates in kitchen and bath, and new doors. I plan to add a bathroom, patio, and garage. My close date is 1/25/21.
Status
Open
Created
January 7, 2021 - 1:19pm
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