Loan amount
$257,000
Loan type
As-Is Property Value
$364,500
LTV
71%
{LTV}
Property type
Single family home
Borrower Details
Credit score
600
Deal experience
None
This loan scenario was submitted by a Broker
Property Details
State
Illinois
Loan Details
Additional Loan Information
A 2400sqft four bedroom, 2 bath, built in 1895. Frame in need of full gut redevelopment to bring it up to today's active life style home buyers want. I am the managing director of a rehab contractor performing interior/exterior new designs; this property is located in zip code 60643 Township of Beverly South/West side of Chicago, have comps within mile radius. Not yet in contract. Purchase price $100k. Renovation budget $130k. Timeline of 8-12 weeks. ARV $365K.
Status
Closed
Created
September 21, 2019 - 2:21pm
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