Loan amount
$53,000
Loan type
Purchase {Fix&Rent}
After Repair Value
$120,000 {PP:$31,000}
ARV
44% {ARV}
Property type
Single Family
Borrower Details
Credit score
530
Deal experience
10 deals
This loan scenario was submitted by a Broker
No
Property Details
City
Memphis
State
Tennessee
Loan Details
Purchase price
$31,000
Down payment
$3,100
Cost of improvements
$25,000
Estimated property value after repairs
$120,000
Additional Loan Information
Light kitchen fire damage, carport was damage, one front room was damage minor exterior works needs done, a few trees needs to be taken down
Status
Created
October 30, 2021 - 4:27am

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