Loan amount
$90,000
Loan type
Purchase
{Fix&Flip}
After Repair Value
$250,000
{PP:$60,000}
ARV
36%
{ARV}
Property type
Multi-Family 1-4 Units
Borrower Details
Credit score
600
Deal experience
6 deals
This loan scenario was submitted by a Broker
No
Property Details
City
Detroit
State
Michigan
Loan Details
Purchase price
$60,000
Down payment
$60,000
Cost of improvements
$90,000
Estimated property value after repairs
$250,000
Additional Loan Information
Buying a duplex(2 unit) home that needs a full rehab. Looking to sell that property after project is completed for upwards of $250000
Status
Open
Created
February 22, 2022 - 9:18pm
Hard Money Lenders Now Offering Real Estate Investor Loans in Michigan Detroit | Grand Rapids | Warren | Ann Arbor | Lansing | Flint Hard Money Loans | Refinance Cash-Out | Purchase | Fix-N-Flip | Commercial | Construction | SBA Business Loans