Loan amount
$200,000
Loan type
Purchase
{Fix&Rent}
After Repair Value
$220,000
{PP:$185,000}
ARV
91%
{ARV}
Property type
Single Family
Borrower Details
Credit score
704
Deal experience
3 deals
This loan scenario was submitted by a Broker
No
Property Details
City
Roanoke
State
Virginia
Loan Details
Purchase price
$185,000
Down payment
$5,000
Cost of improvements
$20,000
Estimated property value after repairs
$220,000
Additional Loan Information
I'm looking to buy a single-family home in Roanoke Virginia, do some cosmetic repairs, then rent it out long-term. I have completed three fixing flips since 2021, but I'm looking to use other people's money to purchase in rehab the property. I'm looking to work long-term with a lender that is willing to cover 100% of the purchase and rehab. Thanks for your consideration.
Status
Open
Created
October 24, 2023 - 10:18am
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