Loan amount
$67,000
Loan type
Purchase
{Fix&Flip}
After Repair Value
$125,000
{PP:$50,500}
ARV
54%
{ARV}
Property type
Single Family
Borrower Details
Credit score
500
Deal experience
None
This loan scenario was submitted by a Broker
No
Property Details
City
Rome
State
Georgia
Loan Details
Purchase price
$50,500
Down payment
$8,500
Cost of improvements
$25,000
Estimated property value after repairs
$125,000
Additional Loan Information
Me and my husband bought a property from an auction that has a one bedroom one bath home. We was looking to make it a 2 bedroom and add some extra square ft. My uncle is a licensed contractor and will b preforming all repairs.
Status
Open
Created
January 17, 2023 - 11:29pm
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