Loan amount
$141,000
Loan type
Purchase
{Fix&Flip}
After Repair Value
$200,000
{PP:$96,000}
ARV
71%
{ARV}
Property type
Single Family
Borrower Details
Credit score
702
Deal experience
None
This loan scenario was submitted by a Broker
No
Property Details
City
Covington
State
Louisiana
Loan Details
Purchase price
$96,000
Down payment
$10,000
Cost of improvements
$55,000
Estimated property value after repairs
$200,000
Additional Loan Information
Total refurbishment of 1600 square foot home slab on grade construction. Home was built in 2005 and is in a gated subdivision. Recent sales support the validation.
Status
Open
Created
January 21, 2021 - 5:54pm
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