Loan amount
$81,500
Loan type
Purchase
{Fix&Rent}
After Repair Value
$250,000
{PP:$55,000}
ARV
33%
{ARV}
Property type
Multi-Family 1-4 Units
Borrower Details
Credit score
650
Deal experience
1 deal
This loan scenario was submitted by a Broker
No
Property Details
City
Sidney
State
Ohio
Loan Details
Purchase price
$55,000
Down payment
$3,500
Cost of improvements
$30,000
Estimated property value after repairs
$250,000
Additional Loan Information
Just finished first fix and rent paid 40k put 12/17k into it worth 65/80k want to use as collateral if needed pays 1k monthly - duplex is worth 140k easily with out rehab after rehab 250 have tenant ready for one side
Status
Open
Created
January 12, 2024 - 2:48am
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