Loan amount
$555,000
Loan type
Purchase
{Fix&Flip}
After Repair Value
$680,000
{PP:$578,000}
ARV
82%
{ARV}
Property type
Single Family
Borrower Details
Credit score
430
Deal experience
None
This loan scenario was submitted by a Broker
No
Property Details
City
Rowlett
State
Texas
Loan Details
Purchase price
$578,000
Down payment
$30,000
Cost of improvements
$7,000
Estimated property value after repairs
$680,000
Additional Loan Information
Prop priced under market, looking to flip right away, no rehab, under contract to close 4/18/24. 32 yrs experience in mortgage/real estate
Status
Open
Created
April 5, 2024 - 6:46pm
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