Loan amount
$4,400,000
Loan type
Purchase
{Fix&Flip}
After Repair Value
$8,000,000
{PP:$3,600,000}
ARV
55%
{ARV}
Property type
Single Family
Borrower Details
Credit score
730
Deal experience
10 deals
This loan scenario was submitted by a Broker
No
Property Details
City
Calabasas
State
California
Loan Details
Purchase price
$3,600,000
Down payment
$0
Cost of improvements
$800,000
Estimated property value after repairs
$8,000,000
Additional Loan Information
purchase price: 3.6M
ARV: $7.2M
rebab budget: $800K. (currrently in fund controlled escrow)
current interest rate: 10%
payoff amount: $3M
seeking a cashout refi for 12-24 months to payoff 1st and rehab the property. will sell property when done
ARV: $7.2M
rebab budget: $800K. (currrently in fund controlled escrow)
current interest rate: 10%
payoff amount: $3M
seeking a cashout refi for 12-24 months to payoff 1st and rehab the property. will sell property when done
Status
Open
Created
April 13, 2022 - 10:13am
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