Loan amount
$90,000
Loan type
Purchase
{Fix&Flip}
After Repair Value
$147,500
{PP:$75,000}
ARV
61%
{ARV}
Property type
Single Family
Borrower Details
Credit score
640
Deal experience
4 deals
This loan scenario was submitted by a Broker
No
Property Details
City
Jackson
State
Mississippi
Loan Details
Purchase price
$75,000
Down payment
$20,000
Cost of improvements
$35,000
Estimated property value after repairs
$147,500
Additional Loan Information
I am a Real Estate Broker with a property under contract looking for financing schedule to close 2/28/2022. Purchase price $75000 with rehab repairs $35000 and rehab consist of new roof, new AC/Furnace, new hotwater heater, new flooring throughout, paint interior/exterior, new molding throughout, new cabinets, new tubs, sinks hardware throughout, new interior/exterior doors and landscaping redone.
Status
Open
Created
February 9, 2022 - 3:00pm
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