Loan amount
$96,000
Loan type
Purchase
{Fix&Flip}
After Repair Value
$140,000
{PP:$65,000}
ARV
69%
{ARV}
Property type
Single Family
Borrower Details
Credit score
660
Deal experience
None
This loan scenario was submitted by a Broker
No
Property Details
City
Stilwell
State
Oklahoma
Loan Details
Purchase price
$65,000
Down payment
$9,000
Cost of improvements
$40,000
Estimated property value after repairs
$140,000
Additional Loan Information
This is a 3/2 rural property in a great location, 15 minutes in-between two towns. A shotgun style farmhouse on 1 acre, all paved road except for 1/2 mile of good, maintained gravel/dirt road, it has an add-on that has not been completed and needs updates throughout. Has 2 neighbors... the closest is a small house that is very neat and tidy and the other is a beautiful ranch home with lots of acreage... the rolling hills of the pasture land is the front porch view of the property.
Status
Open
Created
May 18, 2022 - 11:41am
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