Loan amount
$115,000
Loan type
Purchase
{Fix&Flip}
After Repair Value
$200,000
{PP:$75,000}
ARV
58%
{ARV}
Property type
Single Family
Borrower Details
Credit score
697
Deal experience
1 deal
This loan scenario was submitted by a Broker
No
Property Details
City
New Britain
State
Connecticut
Loan Details
Purchase price
$75,000
Down payment
$10,000
Cost of improvements
$50,000
Estimated property value after repairs
$200,000
Additional Loan Information
I am looking to make and offer on this single family home that consists of 4 bedrooms, 1.5 bathrooms, 1500sq, sitting on .21 acres. Current asking price is $99,900. I am planning on purchasing this home for a fix and flip. I currently own a 3 family home which I purchased last year using a VA loan. I am seeing what options I have to be able to fund this deal or many like it.
Status
Open
Created
January 31, 2021 - 9:20pm
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