Loan amount
$210,000
Loan type
Purchase
{Fix&Rent}
After Repair Value
$305,000
{PP:$160,000}
ARV
69%
{ARV}
Property type
Single Family
Borrower Details
Credit score
771
Deal experience
2 deals
This loan scenario was submitted by a Broker
No
Property Details
City
To Be Determined
State
North Carolina
Loan Details
Purchase price
$160,000
Down payment
$0
Cost of improvements
$50,000
Estimated property value after repairs
$305,000
Additional Loan Information
Buying a 3 bed, 2 bath, off MLS property for $160,000. Plan to upgrade bathrooms, kitchen, create open layout, upgrade electric panel, flooring, paint interior/ exterior. ARV of similar homes is $292,00 - $305,000.
Status
Open
Created
January 6, 2021 - 9:52pm
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