Loan amount
$51,000
Loan type
Purchase
{Fix&Flip}
After Repair Value
$250,000
{PP:$1,000}
ARV
20%
{ARV}
Property type
Single Family
Borrower Details
Credit score
620
Deal experience
138 deals
This loan scenario was submitted by a Broker
No
Property Details
City
Syrocrose
State
New York
Loan Details
Purchase price
$1,000
Down payment
$180
Cost of improvements
$50,000
Estimated property value after repairs
$250,000
Additional Loan Information
My idea is to start off with buying one of the seven current properties available on market for 1000 and put 50000 worth of repairs into and sell it .
Status
Open
Created
April 10, 2021 - 11:31pm
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