Loan amount
$2,443,500
Loan type
Purchase
{Fix&Flip}
After Repair Value
$3,200,000
{PP:$2,800,000}
ARV
76%
{ARV}
Property type
Multi-Family 5+ Units
Borrower Details
Credit score
628
Deal experience
None
This loan scenario was submitted by a Broker
Yes
Property Details
City
Hollywood
State
Florida
Loan Details
Purchase price
$2,800,000
Down payment
$420,000
Cost of improvements
$63,400
Estimated property value after repairs
$3,200,000
Additional Loan Information
seller is willing to carry a 2nd mortgage of 10%
Status
Open
Created
March 14, 2023 - 4:08am
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