Loan amount
$165,000
Loan type
Purchase
{Fix&Rent}
After Repair Value
$260,000
{PP:$125,000}
ARV
63%
{ARV}
Property type
Single Family
Borrower Details
Credit score
651
Deal experience
None
This loan scenario was submitted by a Broker
No
Property Details
City
Portsmouth VA
State
Virginia
Loan Details
Purchase price
$125,000
Down payment
$0
Cost of improvements
$40,000
Estimated property value after repairs
$260,000
Additional Loan Information
Needs hal bathroom replaced and floor outside of bathroom replaced because of improperly installed toilet approx 8 years ago. Needs roof, kitchen renovation and anticipate doing second bathroom plus painting.
Status
Closed
Created
January 10, 2022 - 11:06am
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