Loan amount
$397,000
Loan type
Purchase {Fix&Flip}
After Repair Value
$500,000 {PP:$371,888}
ARV
79% {ARV}
Property type
Single Family
Borrower Details
Credit score
700
Deal experience
None
This loan scenario was submitted by a Broker
No
Property Details
City
Charlotte
State
North Carolina
Loan Details
Purchase price
$371,888
Down payment
$25,000
Cost of improvements
$50,000
Estimated property value after repairs
$500,000
Additional Loan Information
Mostly cosmetic, paint interior and exterior, landscaping, replace 2 bathrooms, replace kitchen, replace all flooring, sand and refinish deck, maintenance on AC/Heat, possibly replace windows
Status
Created
March 9, 2022 - 9:07pm

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