Loan amount
$145,000
Loan type
Purchase
{Fix&Rent}
After Repair Value
$190,000
{PP:$130,000}
ARV
76%
{ARV}
Property type
Single Family
Borrower Details
Credit score
563
Deal experience
1 deal
This loan scenario was submitted by a Broker
Yes
Property Details
City
Marion
State
Indiana
Loan Details
Purchase price
$130,000
Down payment
$15,000
Cost of improvements
$30,000
Estimated property value after repairs
$190,000
Additional Loan Information
Buy and hold. Paying for repairs out of pocket. When cosmetic repairs are complete, value will be $185000.
Status
Open
Created
February 17, 2023 - 7:05pm
Hard Money Lenders Now Offering Real Estate Investor Loans in Indiana Indianapolis | Fort Wayne | Evansville | South Bend | Carmel | Fishers Hard Money Loans | Refinance Cash-Out | Purchase | Fix-N-Flip | Commercial | Construction | SBA Business Loans