Loan amount
$850,000
Loan type
Refinance {Fix&Flip}
After Repair Value
$2,000,000
ARV
43% {ARV}
Property type
Condo
Borrower Details
Credit score
680
Deal experience
3 deals
This loan scenario was submitted by a Broker
No
Property Details
City
Tamarack Resort/Donnelley
State
Idaho
Loan Details
Current mortgage balance
$760,000
Cost of improvements
$90,000
Estimated property value after repairs
$2,000,000
Additional Loan Information
Refresh of our 3BR 3BATH 1600 sq ft luxury resort property to list and sell in November 2023. Our sprawling corner unit looks over the highly acclaimed RTJonesJr Osprey Meadows golf course and Lake Cascade. Our unit has then peace and tranquility of the Lodge, while being less than 100 yds away from the new Village and ski lifts. Our unit is the closest unit in the entire resort to the 30 person hot tub, the pool, the gym, the saunas, and the spa... With the golf shop just down the elevator!
We will be refreshing the luxurious unit with brighter paint, window treatments, lighting fixtures, new carpet, stainless appliances and furnishings for our turn key property.
Listing price it completion will be between 1,899,000-1,999,000.
Status
Created
August 9, 2023 - 6:09pm

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