Loan amount
$55,000
Loan type
Purchase {Fix&Flip}
Property value
$85,000 {PP:$64,999}
ARV
65% {ARV}
Property type
Single Family
Credit score
580
Deal experience
2 deals
This loan scenario was submitted by a Broker
No
City
Enterprise
State
Alabama
Purchase price
$64,999
Down payment
$25,000
Cost of improvements
$15,000
Estimated property value after repairs
$85,000
Additional Loan Information
Great home that only needs minor cosmetic renovations. No foundation issues, plumbing, electrical or structural problems. Short expected timeline, very quick flip in a hot housing market.
Status
Created
July 29, 2021 - 7:58pm

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