Loan amount
$199,000
Loan type
Purchase
{Fix&Rent}
After Repair Value
$265,000
{PP:$239,000}
ARV
75%
{ARV}
Property type
Single Family
Borrower Details
Credit score
600
Deal experience
None
This loan scenario was submitted by a Broker
No
Property Details
City
Palmer
State
Alaska
Loan Details
Purchase price
$239,000
Down payment
$50,000
Cost of improvements
$10,000
Estimated property value after repairs
$265,000
Additional Loan Information
Historical property in extremely desirable downtown location. Requires a little updating but will be immediately rentable as either standard rental or air BnB/vacation rental.
Status
Open
Created
April 15, 2023 - 8:57pm
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