Loan amount
$74,000
Loan type
Purchase {Fix&Flip}
After Repair Value
$160,000 {PP:$59,000}
ARV
46% {ARV}
Property type
Single Family
Borrower Details
Credit score
510
Deal experience
None
This loan scenario was submitted by a Broker
No
Property Details
City
Carbondale
State
Pennsylvania
Loan Details
Purchase price
$59,000
Down payment
$10,000
Cost of improvements
$25,000
Estimated property value after repairs
$160,000
Additional Loan Information
This is for a single family fixer upper on a nice lot that could be worth so much more. It has a value estimate of 129k currently on Zillow. I am in construction for over 20 years and have built many houses from the ground up.
Status
Created
May 19, 2022 - 2:31pm

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