Loan amount
$152,000
Loan type
Purchase
{Fix&Flip}
After Repair Value
$220,000
{PP:$160,000}
ARV
69%
{ARV}
Property type
Single Family
Borrower Details
Credit score
776
Deal experience
7 deals
This loan scenario was submitted by a Broker
No
Property Details
City
Eastover
State
North Carolina
Loan Details
Purchase price
$160,000
Down payment
$20,000
Cost of improvements
$12,000
Estimated property value after repairs
$220,000
Additional Loan Information
Investment is a 3/2; 1,348 sqft SFR. Brick ranch style sitting on 2.1 acres. Property is in great shape. No structural issues. Needs the kitchen and bathrooms upgraded. I am a veteran and owner of a small home remodeling company. In my 12 years in business, I average 3 large scale home remodels and several small kitchen/bathroom upgrades for other investors. I am better positioned than most investors because I know the building codes and have vast experience performing the renovations. Now, I would like to invest for my future financial security.
Status
Closed
Created
May 1, 2023 - 7:53pm
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