Loan amount
$25,000
Loan type
Refinance
{Fix&Flip}
After Repair Value
$85,000
ARV
29%
{ARV}
Property type
Single Family
Borrower Details
Credit score
590
Deal experience
None
This loan scenario was submitted by a Broker
No
Property Details
City
Birmingham
State
Alabama
Loan Details
Current mortgage balance
$0
Cost of improvements
$25,000
Estimated property value after repairs
$85,000
Additional Loan Information
Have clear title and paid taxes on this single family and done some repairs. Property needs: roofing, deck, flooring, full bathroom repairs as well as heat and air conditioning and land scaping.
Status
Open
Created
January 22, 2021 - 7:47pm
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