Loan amount
$135,000
Loan type
Purchase {Fix&Flip}
After Repair Value
$220,000 {PP:$115,000}
ARV
61% {ARV}
Property type
Single Family
Borrower Details
Credit score
740
Deal experience
None
This loan scenario was submitted by a Broker
No
Property Details
City
New Market
State
Alabama
Loan Details
Purchase price
$115,000
Down payment
$10,000
Cost of improvements
$30,000
Estimated property value after repairs
$220,000
Additional Loan Information
Motivated seller. In contact. Made offer. Currently negotiating but are close to deal. Next step is get it under contract.
Status
Created
January 29, 2022 - 8:58pm

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