Loan amount
$29,000
Loan type
Purchase
{Fix&Rent}
After Repair Value
$60,000
{PP:$10,000}
ARV
48%
{ARV}
Property type
Multi-Family 1-4 Units
Borrower Details
Credit score
723
Deal experience
None
This loan scenario was submitted by a Broker
No
Property Details
City
Pine Bluff
State
Arkansas
Loan Details
Purchase price
$10,000
Down payment
$1,000
Cost of improvements
$20,000
Estimated property value after repairs
$60,000
Additional Loan Information
This is a multifamily home that is 2828 sqft. It is a 3 bedroom w/ attached 1 bedroom. This property is a destressed property and will need some renovations. This property has the largest square footage in its immediate area. The second largest is a 2300 sqft and valued at around 55000. Estimated cost is around 20000 and estimated time for repair is 12 weeks.
Status
Open
Created
March 31, 2021 - 6:42pm
Hard Money Lenders Now Offering Real Estate Investor Loans in Arkansas Little Rock | Fort Smith | Fayettville | Springdale | Jonesboro | Conway Hard Money Loans | Refinance Cash-Out | Purchase | Fix-N-Flip | Commercial | Construction | SBA Business Loans