Loan amount
$103,000
Loan type
Purchase
{Fix&Flip}
After Repair Value
$165,000
{PP:$55,000}
ARV
62%
{ARV}
Property type
Single Family
Borrower Details
Credit score
580
Deal experience
None
This loan scenario was submitted by a Broker
No
Property Details
City
Pell City
State
Alabama
Loan Details
Purchase price
$55,000
Down payment
$20,000
Cost of improvements
$68,000
Estimated property value after repairs
$165,000
Additional Loan Information
Hold a CO real estate license. Owned own construction business.
House needs some siding repaired and cosmetic updates and new deck. House is in livable condition but cannot be financed through fha because of some east fixes.
House needs some siding repaired and cosmetic updates and new deck. House is in livable condition but cannot be financed through fha because of some east fixes.
Status
Open
Created
October 31, 2021 - 1:42pm
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