Loan amount
$252,000
Loan type
Purchase
{Fix&Flip}
After Repair Value
$340,000
{PP:$272,000}
ARV
74%
{ARV}
Property type
Single Family
Borrower Details
Credit score
650
Deal experience
None
This loan scenario was submitted by a Broker
No
Property Details
City
Springfield
State
Missouri
Loan Details
Purchase price
$272,000
Down payment
$25,000
Cost of improvements
$5,000
Estimated property value after repairs
$340,000
Additional Loan Information
2br 2ba on 6 acres. Will be adding a third br and fencing. There is a horse barn on the property. The property will be able to produce income in boarding horses. I am working with an experienced mentor in fix and flips
Status
Open
Created
May 11, 2022 - 6:03pm
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