Loan amount
$60,000
Loan type
Purchase {Fix&Flip}
After Repair Value
$120,000 {PP:$45,000}
ARV
50% {ARV}
Property type
Single Family
Borrower Details
Credit score
500
Deal experience
2 deals
This loan scenario was submitted by a Broker
No
Property Details
City
Sugar Creek
State
Missouri
Loan Details
Purchase price
$45,000
Down payment
$10,000
Cost of improvements
$25,000
Estimated property value after repairs
$120,000
Additional Loan Information
I own this home. It’s currently combined with my primary residence in a for sale by owner contract. I owe 10,000. My goal is to acquire funds to remodel and sell. I do construction and remodel for a living and plan on doing the work myself
Status
Created
May 9, 2023 - 1:18am

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