Loan amount
$5,575,000
Loan type
Purchase
{Fix&Flip}
After Repair Value
$8,500,000
{PP:$4,325,000}
ARV
66%
{ARV}
Property type
Single Family
Borrower Details
Credit score
675
Deal experience
3 deals
This loan scenario was submitted by a Broker
No
Property Details
City
San Diego
State
California
Loan Details
Purchase price
$4,325,000
Down payment
$0
Cost of improvements
$1,250,000
Estimated property value after repairs
$8,500,000
Additional Loan Information
I have a fix n flip opportunity. I am looking for 100 percent purchase and 100 percent on the rehab budget. I have this property under contract. I need to close by April 20, 2024. I have contractor lined up. Just need the financing to move forward on the deal. Please advise.
Status
Open
Created
April 2, 2024 - 12:39am
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