Loan amount
$240,000
Loan type
Purchase
{Fix&Flip}
After Repair Value
$360,000
{PP:$190,000}
ARV
67%
{ARV}
Property type
Single Family
Borrower Details
Credit score
720
Deal experience
None
This loan scenario was submitted by a Broker
No
Property Details
City
Baltimore City
State
Maryland
Loan Details
Purchase price
$190,000
Down payment
$20,000
Cost of improvements
$70,000
Estimated property value after repairs
$360,000
Additional Loan Information
Fix and flip. Moreso a cosmetic rehab. Adding 2 bedrooms and 1 bathroom. Should exceed 360K. Yet being conservative.
Status
Open
Created
March 16, 2022 - 1:55pm
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