Loan amount
$500,000
Loan type
Purchase
{Fix&Flip}
After Repair Value
$680,000
{PP:$420,000}
ARV
74%
{ARV}
Property type
Single Family
Borrower Details
Credit score
580
Deal experience
None
This loan scenario was submitted by a Broker
No
Property Details
City
Brooklyn
State
New York
Loan Details
Purchase price
$420,000
Down payment
$0
Cost of improvements
$80,000
Estimated property value after repairs
$680,000
Additional Loan Information
Using a non owner occupied property to transform via construction for fix and flip purposes.
Status
Open
Created
September 14, 2022 - 10:53am
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