Loan amount
$56,000
Loan type
Purchase
{Fix&Rent}
After Repair Value
$75,000
{PP:$56,000}
ARV
75%
{ARV}
Property type
Single Family
Borrower Details
Credit score
650
Deal experience
None
This loan scenario was submitted by a Broker
No
Property Details
City
Terre Haute, IN
State
Indiana
Loan Details
Purchase price
$56,000
Down payment
$10,000
Cost of improvements
$10,000
Estimated property value after repairs
$75,000
Additional Loan Information
Great rental opportunity near college campus with $1000 rental potential. House requires little updates, however detached garage requires some work.
Status
Open
Created
March 21, 2022 - 12:34pm
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