Loan amount
$327,000
Loan type
Purchase {Fix&Rent}
After Repair Value
$375,000 {PP:$300,000}
ARV
87% {ARV}
Property type
Multi-Family 1-4 Units
Borrower Details
Credit score
550
Deal experience
2 deals
This loan scenario was submitted by a Broker
No
Property Details
City
Somersworth
State
New Hampshire
Loan Details
Purchase price
$300,000
Down payment
$3,000
Cost of improvements
$30,000
Estimated property value after repairs
$375,000
Additional Loan Information
Refinish floors, new paint on walls and ceilings, reseal windows, ensure pipes up to date etc. Once finished I plan to rent it out as my own property to add to my portfolio as a growing investor.
Status
Created
November 13, 2022 - 9:43pm

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