Loan amount
$236,000
Loan type
Purchase
{Fix&Flip}
After Repair Value
$360,000
{PP:$124,500}
ARV
66%
{ARV}
Property type
Single Family
Borrower Details
Credit score
718
Deal experience
4 deals
This loan scenario was submitted by a Broker
Yes
Property Details
City
Chicago
State
Illinois
Loan Details
Purchase price
$124,500
Down payment
$7,000
Cost of improvements
$118,323
Estimated property value after repairs
$360,000
Additional Loan Information
Project is a SFR located in the city of Chicago. Project will include updating electrical, insulating exterior walls, replacing drywall where necessary, painting, installing wall trim, replacing flooring in some of the rooms, upgrading kitchen and bathrooms, installing kitchen appliances and concrete work in the basement.
Status
Closed
Created
January 14, 2022 - 12:23am
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