Loan amount
$85,000
Loan type
As-Is Property Value
$139,000
LTV
62%
{LTV}
Property type
Single family home
Borrower Details
Credit score
641
Deal experience
4 deals
This loan scenario was submitted by a Broker
Property Details
State
Alabama
Loan Details
Additional Loan Information
2bd, 1bth, 1600 sqft fix & flip. Have buyer already in contract to purchase from me for $139K. I'm in contract to purchase for $93.5K. Already paid down-payment of $9,350. I have to close on 1/24. Property located in Boaz, AL. We inherited several properties when our father passed away. My brother currently has this property and this is the one that I was wanting so I’m having to purchase it from him. I have already done the renovations with him having the property.
Status
Closed
Created
January 20, 2020 - 2:13pm
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