Loan amount
$170,000
Loan type
Purchase {Fix&Flip}
After Repair Value
$255,000 {PP:$170,000}
ARV
67% {ARV}
Property type
Single Family
Borrower Details
Credit score
600
Deal experience
14 deals
This loan scenario was submitted by a Broker
No
Property Details
City
Oklahoma City
State
Oklahoma
Loan Details
Purchase price
$170,000
Down payment
$15,000
Cost of improvements
$15,000
Estimated property value after repairs
$255,000
Additional Loan Information
The street directly over has a pending contract for $270,000, Another house on the next street over just sold for $283,500 this house is actually back on the market from a flipper for $310,000.
Closing date 9/20/22 but seller wanting to close sooner if possible.

Status
Created
September 8, 2022 - 10:21am

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