Loan amount
$220,000
Loan type
Purchase
{Fix&Flip}
After Repair Value
$350,000
{PP:$185,000}
ARV
63%
{ARV}
Property type
Single Family
Borrower Details
Credit score
630
Deal experience
3 deals
This loan scenario was submitted by a Broker
No
Property Details
City
KINGMAN
State
Ohio
Loan Details
Purchase price
$185,000
Down payment
$10,000
Cost of improvements
$45,000
Estimated property value after repairs
$350,000
Additional Loan Information
THE PROPERTY WAS PURCHASED TO FLIP AND HAS HAD MOST OF THE MAJOR WORK DONE. IT WAS RETURNED TO THE BANK AND WE ARE NOW LOOKING TO GET IT CHEAP AND FINISH IT FOR A PROFIT
Status
Open
Created
August 5, 2023 - 10:35am
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