Loan amount
$160,000
Loan type
As-Is Property Value
$215,000
LTV
75%
{LTV}
Property type
Single family home
Borrower Details
Credit score
721
Deal experience
None
This loan scenario was submitted by a Broker
Property Details
State
New Jersey
Loan Details
Additional Loan Information
Fix and flip. 4 bd 4 bths 3294 sqft built in 2005. Doesn't need major work but some great updates with flooring throughout, kitchen, and bathroom will sell this home fast and increase the value beyond the ARV estimate. Purchase price $116,900. Renovation budget $40K. Timeline 2-6 months. ARV $215K. Not currently under contract. Property located in Lawnside, NJ 08045.
Status
Closed
Created
June 18, 2020 - 7:44pm
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