Loan amount
$116,500
Loan type
As-Is Property Value
$180,000
LTV
65%
{LTV}
Property type
Single family home
Borrower Details
Credit score
598
Deal experience
1 deal
This loan scenario was submitted by a Broker
Property Details
State
Ohio
Loan Details
Additional Loan Information
I have an accepted offer on a foreclosed property at $75,500 and need $41,000 to rehab the property. The ARV will be $180,000. I am also a realtor and I work with investors to purchase and flip houses. Rehab time is 90-100 days from closing. I already have a buyer once rehab is complete. We are currently under contract with a closing date of June 30th. The property is located in Wickliffe Ohio.
Status
Closed
Created
June 12, 2020 - 11:59am
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