Loan amount
$70,000
Loan type
Purchase
{Fix&Rent}
After Repair Value
$125,000
{PP:$50,000}
ARV
56%
{ARV}
Property type
Single Family
Borrower Details
Credit score
670
Deal experience
1 deal
This loan scenario was submitted by a Broker
No
Property Details
City
Palestine
State
Ohio
Loan Details
Purchase price
$50,000
Down payment
$5,000
Cost of improvements
$25,000
Estimated property value after repairs
$125,000
Additional Loan Information
I am in contract, for $48,000 and $2,000 closing cost, It need about $25,000 of work and I can rent it or sell for $125,000 the house is three bedroom and one bath 1,800 sq ft and attach garage and work shop is 1,400 sq ft
Status
Closed
Created
April 11, 2023 - 9:54pm
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