Loan amount
$100,000
Loan type
Purchase
{Fix&Flip}
After Repair Value
$190,000
{PP:$70,000}
ARV
53%
{ARV}
Property type
Single Family
Borrower Details
Credit score
700
Deal experience
None
This loan scenario was submitted by a Broker
No
Property Details
City
Port Charlotte
State
Florida
Loan Details
Purchase price
$70,000
Down payment
$0
Cost of improvements
$30,000
Estimated property value after repairs
$190,000
Additional Loan Information
2 bed 2 bath 1973 sqft, Most work is cosmetic, kitchen, flooring, doors, paint. .Great area, ARV can be above $190k just being conservative with price. I have experience in real estate, first property that I am going to flip. I need, 100% financing for purchase and rehab. Need proof of fund to submit offer. I have other deals down the pipeline as well.
Status
Open
Created
March 23, 2021 - 1:43am
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