Loan amount
$318,000
Loan type
Purchase
{Fix&Flip}
After Repair Value
$450,000
{PP:$275,000}
ARV
71%
{ARV}
Property type
Single Family
Borrower Details
Credit score
650
Deal experience
3 deals
This loan scenario was submitted by a Broker
No
Property Details
City
Batesville
State
Arkansas
Loan Details
Purchase price
$275,000
Down payment
$13,000
Cost of improvements
$56,000
Estimated property value after repairs
$450,000
Additional Loan Information
Rehabbing the property to fix what the previous owners didn't have the funds to do. Home is currently worth 350,000 and with projected rehab cost the home would be valued at 450,000.
Status
Open
Created
July 19, 2023 - 3:35pm
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