Loan amount
$9,200,000
Loan type
Purchase
{Fix&Flip}
After Repair Value
$14,000,000
{PP:$7,300,000}
ARV
66%
{ARV}
Property type
Single Family
Borrower Details
Credit score
800
Deal experience
8 deals
This loan scenario was submitted by a Broker
No
Property Details
City
Newport Coast
State
California
Loan Details
Purchase price
$7,300,000
Down payment
$100,000
Cost of improvements
$2,000,000
Estimated property value after repairs
$14,000,000
Additional Loan Information
Property is foreclosure located in Newport Coast. Project is approximately 75% completed. Plans are approved and seller is trying to have a quick close
Status
Open
Created
April 7, 2021 - 10:09pm
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