Loan amount
$204,000
Loan type
Purchase
{Fix&Rent}
After Repair Value
$300,000
{PP:$131,000}
ARV
68%
{ARV}
Property type
Single Family
Borrower Details
Credit score
481
Deal experience
None
This loan scenario was submitted by a Broker
No
Property Details
City
Mountain Home
State
Arkansas
Loan Details
Purchase price
$131,000
Down payment
$2,000
Cost of improvements
$75,000
Estimated property value after repairs
$300,000
Additional Loan Information
Starting with me and my husband wanting to be our own bosses and being lucrative. The housing market is selling fast in our area and know it would be stupid not to jump at an opportunity to buy flip and rent a home that will pay for itself within a year of renting
Status
Open
Created
March 30, 2024 - 5:10am
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