Loan amount
$55,000
Loan type
As-Is Property Value
$110,000
LTV
50%
{LTV}
Property type
Single family home
Borrower Details
Credit score
680
Deal experience
1 deal
This loan scenario was submitted by a Broker
Property Details
State
Iowa
Loan Details
Additional Loan Information
Property was purchased for $12,500 cash and is owned free and clear. Gutted and ready to be renovated and flipped. Needs new furnace, water heater, duck work, plumbing, drywall etc. 4 bed, 2 bath, large eat in kitchen, 2200 square feet. Property located in Morning Sun, Iowa. ARV $110K.
Status
Closed
Created
March 11, 2020 - 12:13pm
Hard Money Lenders Now Offering Real Estate Investor Loans in Iowa Des Moines | Cedar Rapids | Davenport | Sioux City | Iowa City | Ankeny Hard Money Loans | Refinance Cash-Out | Purchase | Fix-N-Flip | Commercial | Construction | SBA Business Loans