Loan amount
$65,000
Loan type
As-Is Property Value
$125,000
LTV
52%
{LTV}
Property type
Single family home
Borrower Details
Credit score
709
Deal experience
5 deals
This loan scenario was submitted by a Broker
Property Details
State
Texas
Loan Details
Additional Loan Information
Simple fix and flip in a college town, Corsicana, south of Dallas county that's being rapidly revitalized. Also have the option to refi and hold long term. Rehab should only take 1-2 months. Purchase price $60K. Renovation budget $20K. ARV $125K. Already in contract. I am a broker representing my client.
Status
Closed
Created
August 5, 2020 - 8:36am
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