Loan amount
$140,000
Loan type
Purchase
{Fix&Rent}
After Repair Value
$175,000
{PP:$125,000}
ARV
80%
{ARV}
Property type
Single Family
Borrower Details
Credit score
760
Deal experience
1 deal
This loan scenario was submitted by a Broker
No
Property Details
City
Berea
State
Ohio
Loan Details
Purchase price
$125,000
Down payment
$25,000
Cost of improvements
$40,000
Estimated property value after repairs
$175,000
Additional Loan Information
3 bed, 2 full bath 1300 sft. With two bonus lots attached in great location. Conversion will add additional bedroom to rental. Repairs required to outdated electrical, HVAC, windows and bath/kitchen updates.
Status
Closed
Created
August 29, 2022 - 4:30pm
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