Loan amount
$524,000
Loan type
Purchase
{Fix&Flip}
After Repair Value
$1,300,000
{PP:$514,000}
ARV
40%
{ARV}
Property type
Single Family
Borrower Details
Credit score
620
Deal experience
3 deals
This loan scenario was submitted by a Broker
No
Property Details
City
Spring Lake
State
Michigan
Loan Details
Purchase price
$514,000
Down payment
$0
Cost of improvements
$10,000
Estimated property value after repairs
$1,300,000
Additional Loan Information
This is my dads house that needs to be bought out of his estate quickly. The down payment is a gift of equity.
Status
Open
Created
December 16, 2023 - 5:19am
Hard Money Lenders Now Offering Real Estate Investor Loans in Michigan Detroit | Grand Rapids | Warren | Ann Arbor | Lansing | Flint Hard Money Loans | Refinance Cash-Out | Purchase | Fix-N-Flip | Commercial | Construction | SBA Business Loans