Loan amount
$415,000
Loan type
Purchase
{Fix&Flip}
After Repair Value
$850,000
{PP:$110,000}
ARV
49%
{ARV}
Property type
Assisted Living Facility
Borrower Details
Credit score
630
Deal experience
None
This loan scenario was submitted by a Broker
No
Property Details
City
Butler
State
Pennsylvania
Loan Details
Purchase price
$110,000
Down payment
$20,000
Cost of improvements
$325,000
Estimated property value after repairs
$850,000
Additional Loan Information
Building in disrepair. Needs extensive work. Good bones to project. 110,000 purchase and 325000 repair. Great multi purpose property. Not much experience in flipping last 3 years. But over 40 in past. General contractor now so I have much experience in estimation, installation and scheduling.
Status
Open
Created
January 14, 2021 - 11:01am
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