Loan amount
$183,500
Loan type
Purchase {Fix&Flip}
After Repair Value
$230,000 {PP:$167,000}
ARV
80% {ARV}
Property type
Single Family
Borrower Details
Credit score
585
Deal experience
None
This loan scenario was submitted by a Broker
No
Property Details
City
East Point
State
Georgia
Loan Details
Purchase price
$167,000
Down payment
$1,500
Cost of improvements
$18,000
Estimated property value after repairs
$230,000
Additional Loan Information
Here is a fix and flip in East Point. It is near the John D Milner Athletic Complex and Kipp South Fulton Academy. The previous owners were not able to finish the renovations, very minor cosmetic finishes needed to complete the rehab.

Status
Created
December 30, 2020 - 3:57pm

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