Loan amount
$125,000
Loan type
Purchase
{Fix&Rent}
After Repair Value
$185,000
{PP:$105,000}
ARV
68%
{ARV}
Property type
Single Family
Borrower Details
Credit score
740
Deal experience
7 deals
This loan scenario was submitted by a Broker
No
Property Details
City
Fayetteville
State
North Carolina
Loan Details
Purchase price
$105,000
Down payment
$15,000
Cost of improvements
$35,000
Estimated property value after repairs
$185,000
Additional Loan Information
Offer submitted. This is a 1,799 sqft, 3/2.5 fixer upper. The house needs extensive repairs both interior and exterior. I own a home remodel business and have done 50+ flips and remodel projects for other investors. Exterior requirements include: roof, siding (mainly brick construction) and windows. Interior: flooring, kitchen and bathroom upgrades.
Status
Closed
Created
April 22, 2023 - 10:57am
Hard Money Lenders Now Offering Real Estate Investor Loans in North Carolina Charlotte | Raleigh | Greensboro | Durham | Winston-Salem | Fayetteville Hard Money Loans | Refinance Cash-Out | Purchase | Fix-N-Flip | Commercial | Construction | SBA Business Loans