Loan amount
$456,000
Loan type
Purchase
{Fix&Flip}
After Repair Value
$825,000
{PP:$444,000}
ARV
55%
{ARV}
Property type
Single Family
Borrower Details
Credit score
700
Deal experience
4 deals
This loan scenario was submitted by a Broker
No
Property Details
City
Eden
State
Utah
Loan Details
Purchase price
$444,000
Down payment
$88,000
Cost of improvements
$100,000
Estimated property value after repairs
$825,000
Additional Loan Information
We have a fix and flip manufactured prefab home on foundation on 1.5 acres two miles from Nordic Valley Ski resort surrounded by million dollar homes. ARV on this has appraisal at $825k with current value at $470k and pp: $444k
Status
Open
Created
January 11, 2022 - 11:32am
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