Loan amount
$144,000
Loan type
Purchase
{Fix&Flip}
After Repair Value
$229,000
{PP:$129,000}
ARV
63%
{ARV}
Property type
Single Family
Borrower Details
Credit score
540
Deal experience
18 deals
This loan scenario was submitted by a Broker
No
Property Details
City
Saint Cloud
State
Minnesota
Loan Details
Purchase price
$129,000
Down payment
$15,000
Cost of improvements
$30,000
Estimated property value after repairs
$229,000
Additional Loan Information
Home located on campus of SCSU. Would be of value as a future rental property. With a modern renovation and update to the deterioration of this home will face lift the area and raise property value.
Status
Open
Created
March 15, 2022 - 2:39pm
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