Loan amount
$71,500
Loan type
Purchase {Fix&Rent}
After Repair Value
$115,000 {PP:$31,500}
ARV
62% {ARV}
Property type
Single Family
Borrower Details
Credit score
715
Deal experience
1 deal
This loan scenario was submitted by a Broker
No
Property Details
City
Muscatine
State
Iowa
Loan Details
Purchase price
$31,500
Down payment
$5,000
Cost of improvements
$45,000
Estimated property value after repairs
$115,000
Additional Loan Information
Just looking.
With 10+ years construction experience I am confident in my ability to coordinate a project to completion.
Based on photos and a drive by this property is not livable and is in need of major repair. Roof, exterior finish, windows. Possible foundation issues. Interior is need of more than cosmetic repair.
Status
Created
April 26, 2022 - 12:14pm

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