Loan amount
$204,000
Loan type
Purchase {Fix&Rent}
After Repair Value
$210,000 {PP:$195,000}
ARV
97% {ARV}
Property type
Industrial/Warehouse
Borrower Details
Credit score
650
Deal experience
1 deal
This loan scenario was submitted by a Broker
No
Property Details
City
Des Moines
State
Iowa
Loan Details
Purchase price
$195,000
Down payment
$1,000
Cost of improvements
$10,000
Estimated property value after repairs
$210,000
Additional Loan Information
Live work space that would be myself as the property manager, rent 2 living units, using 1 front area for sales and back area for storage.
Status
Created
March 1, 2021 - 3:34pm

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