Loan amount
$75,000
Loan type
Purchase
{Fix&Rent}
After Repair Value
$130,000
{PP:$50,000}
ARV
58%
{ARV}
Property type
Single Family
Borrower Details
Credit score
661
Deal experience
None
This loan scenario was submitted by a Broker
No
Property Details
City
Minot
State
North Dakota
Loan Details
Purchase price
$50,000
Down payment
$5,000
Cost of improvements
$30,000
Estimated property value after repairs
$130,000
Additional Loan Information
Currently just looking at a foreclosed property in need of updates and remodeled basement. This is going to be my first property and look forward to do more witching the year
Status
Open
Created
February 21, 2021 - 8:24pm
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