Loan amount
$25,000
Loan type
Refinance
{Fix&Flip}
After Repair Value
$150,000
ARV
17%
{ARV}
Property type
Single Family
Borrower Details
Credit score
600
Deal experience
3 deals
This loan scenario was submitted by a Broker
Yes
Property Details
City
St.louis
State
Missouri
Loan Details
Current mortgage balance
$0
Cost of improvements
$25,000
Estimated property value after repairs
$150,000
Additional Loan Information
I have a client that purchasess properties for cash and rehabs to make rental properties out of. he's running short on Money to finish the deal the property is free and clear. husband and wife team they need the money for about 6 months they are going to refinance in 6 months for 30 year note after they finish the project
Status
Open
Created
November 27, 2023 - 7:03pm
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