Loan amount
$78,000
Loan type
Purchase
{Fix&Flip}
After Repair Value
$198,000
{PP:$68,000}
ARV
39%
{ARV}
Property type
Single Family
Borrower Details
Credit score
684
Deal experience
4 deals
This loan scenario was submitted by a Broker
No
Property Details
City
Wilmington
State
Delaware
Loan Details
Purchase price
$68,000
Down payment
$2,000
Cost of improvements
$12,000
Estimated property value after repairs
$198,000
Additional Loan Information
This is for the purchase of four (4) properties in the downtown area of the City of Wilmington DE. The value of the properties, before any repairs are performed, are as follows: $ 35,000, $ 40,000, $ 45,000 and $ 50,000 for a total of $ 170,000 and the address' will be provided at the lender's request.
Status
Open
Created
January 13, 2021 - 7:24pm
Hard Money Lenders Now Offering Real Estate Investor Loans in Delaware Wilmington | Dover | Newark | Middletown | Smyrna | Milford Hard Money Loans | Refinance Cash-Out | Purchase | Fix-N-Flip | Commercial | Construction | SBA Business Loans