Loan amount
$72,000
Loan type
Purchase
{Fix&Rent}
After Repair Value
$125,000
{PP:$64,000}
ARV
58%
{ARV}
Property type
Multi-Family 1-4 Units
Borrower Details
Credit score
720
Deal experience
None
This loan scenario was submitted by a Broker
No
Property Details
City
Ilion
State
New York
Loan Details
Purchase price
$64,000
Down payment
$17,000
Cost of improvements
$25,000
Estimated property value after repairs
$125,000
Additional Loan Information
Acquire property, update kitchen in both apartments with stainless steel appliances and sinks as well as repair existing cabinets, replace front porch. Refinance and hold.
Status
Open
Created
May 5, 2022 - 9:14pm
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