Loan amount
$170,000
Loan type
As-Is Property Value
$400,000
LTV
43%
{LTV}
Property type
Single family home
Borrower Details
Credit score
585
Deal experience
None
This loan scenario was submitted by a Broker
Property Details
State
Idaho
Loan Details
Additional Loan Information
This home is a fixer on 2 acres. With a little work it could be a very nice home. We have an accepted offer at $149K. It shows an assessed value at just over $200K in its current condition. We will be doing the work ourselves to flip it so it stands to make a good profit. Renovation budget $25K. Timeline is 12 months or less. ARV $400K. Already in contract. Property located in Coeur d Alene, ID.
Status
Closed
Created
July 29, 2020 - 3:20pm
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