Loan amount
$870,000
Loan type
Purchase
{Fix&Flip}
After Repair Value
$1,190,000
{PP:$840,000}
ARV
73%
{ARV}
Property type
Single Family
Borrower Details
Credit score
660
Deal experience
1 deal
This loan scenario was submitted by a Broker
No
Property Details
City
Santa Clarita
State
California
Loan Details
Purchase price
$840,000
Down payment
$0
Cost of improvements
$30,000
Estimated property value after repairs
$1,190,000
Additional Loan Information
The homes is located in Canyon County, Ca, Its a 5 bedroom, 3 bathrooms 3,317 sq ft. The address is 15723 Alia Ct. Santa Clarita, 91387. I have obtained this contract for 850k and the homes value and and homes sold in the are within the last 6 months is over 1 mil. I would like to conduct construction on this property and place back on the market within the next 6 months. I already have the mortgage, insurance, and Heloc statement from home owner. I have a company that is also willing to place a co down payment with my company if I am able to obtain financing.
Status
Closed
Created
October 26, 2021 - 7:38pm
Hard Money Lenders Now Offering Real Estate Investor Loans in California Los Angeles | San Diego | San Jose | San Francisco | Fresno | Sacramento Hard Money Loans | Refinance Cash-Out | Purchase | Fix-N-Flip | Commercial | Construction | SBA Business Loans