Loan amount
$157,500
Loan type
Purchase
{Fix&Flip}
After Repair Value
$750,000
{PP:$97,000}
ARV
21%
{ARV}
Property type
Single Family
Borrower Details
Credit score
550
Deal experience
None
This loan scenario was submitted by a Broker
No
Property Details
City
Knoxville
State
Tennessee
Loan Details
Purchase price
$97,000
Down payment
$14,994
Cost of improvements
$75,000
Estimated property value after repairs
$750,000
Additional Loan Information
Property about to go into foreclosure so I am buying it at the remaining balance of the mortgage which is 97000 it has a lot of up to it as it is worth about 325000 as if and is in a zone of Knoxville where the value of houses are in the 1000000 not a lot of repairs are need great fix and flip house
Status
Open
Created
April 22, 2022 - 2:47pm
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