Loan amount
$55,000
Loan type
Purchase
{Fix&Rent}
After Repair Value
$110,000
{PP:$70,000}
ARV
50%
{ARV}
Property type
Single Family
Borrower Details
Credit score
650
Deal experience
None
This loan scenario was submitted by a Broker
No
Property Details
City
Montgomery
State
Louisiana
Loan Details
Purchase price
$70,000
Down payment
$25,000
Cost of improvements
$10,000
Estimated property value after repairs
$110,000
Additional Loan Information
3 bed 1.5 bath needs minor work some updating. Structure is good and solid. Approx 1500 sq ft
Status
Open
Created
April 11, 2022 - 9:40pm
Hard Money Lenders Now Offering Real Estate Investor Loans in Louisiana New Orleans | Baton Rouge | Shreveport | Lafayette | Lake Charles | Bossier City Hard Money Loans | Refinance Cash-Out | Purchase | Fix-N-Flip | Commercial | Construction | SBA Business Loans