Loan amount
$327,000
Loan type
Refinance {Fix&Rent}
After Repair Value
$580,000
ARV
56% {ARV}
Property type
Multi-Family 5+ Units
Borrower Details
Credit score
680
Deal experience
6 deals
This loan scenario was submitted by a Broker
No
Property Details
City
Albemarle
State
North Carolina
Loan Details
Current mortgage balance
$0
Cost of improvements
$327,000
Estimated property value after repairs
$580,000
Additional Loan Information
Converting a 3800 square feet home into a 6 unit multi family residence. Permit got approved 3 weeks ago and ready to seek funding.

This property is owned free and clear and only needs rehabbing. Looking for a partner to get this deal off the ground.
Status
Created
November 8, 2023 - 6:15am

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