Loan amount
$175,000
Loan type
As-Is Property Value
$215,000
LTV
82%
{LTV}
Property type
Single family home
Borrower Details
Credit score
560
Deal experience
1 deal
This loan scenario was submitted by a Broker
Property Details
State
Ohio
Loan Details
Additional Loan Information
I have a contract to buy for $125K for the whole estate. $50K to cover rehab and 60 days to complete. The ARV is $210K. Other homes in the area range between $370K to the most expensive is $905K within a square mile. So, this property could very well sell after rehab for nearly $250K after being modernized/updated. Property located in Loveland, Ohio 45140. Will sell once the rehab is complete.
Status
Closed
Created
February 23, 2020 - 8:41am
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