Loan amount
$0
Loan type
Purchase
{Fix&Flip}
After Repair Value
$1
{PP:$0}
ARV
0%
{ARV}
Property type
Single Family
Borrower Details
Credit score
660
Deal experience
None
This loan scenario was submitted by a Broker
No
Property Details
State
Illinois
Loan Details
Down payment
$0
Additional Loan Information
a flip opportunity, off-market, whole sale property, sold as-is, single family frame, purchase price $425,000, estimated costs of repairs/closing/holding
$140,000, 2 car detached garage, 1695sqft living space, built 1892, 5bdrm, 2bath in need of full gut rehab, full basement adding a bdrm, four piece bath, laundry rm, family space, furnace rm, storage. Total hard money loan $565,000 with potential making $100,000+ with in 5/6 months being the location of this property
$140,000, 2 car detached garage, 1695sqft living space, built 1892, 5bdrm, 2bath in need of full gut rehab, full basement adding a bdrm, four piece bath, laundry rm, family space, furnace rm, storage. Total hard money loan $565,000 with potential making $100,000+ with in 5/6 months being the location of this property
Status
Closed
Created
November 30, 2020 - 3:48pm
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