Loan amount
$45,000
Loan type
As-Is Property Value
$52,000
LTV
87%
{LTV}
Property type
Single family home
Borrower Details
Credit score
550
Deal experience
1 deal
This loan scenario was submitted by a Broker
Property Details
State
Missouri
Loan Details
Additional Loan Information
I found a deal that I like. It will be a fix n flip with ARV $85,000 - $92,500. The purchase price is $45,000. Renovation budget of $25,000. We will working on curb appeal, painting and do an update for todays market. 12 months terms. Will sell house before then. We're at the beginning stages - not yet in contract.
Status
Closed
Created
August 29, 2019 - 11:21pm
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