Loan amount
$80,000
Loan type
Purchase
{Fix&Rent}
After Repair Value
$255,000
{PP:$155,000}
ARV
31%
{ARV}
Property type
Single Family
Borrower Details
Credit score
583
Deal experience
1 deal
This loan scenario was submitted by a Broker
No
Property Details
City
Ortonville
State
Michigan
Loan Details
Purchase price
$155,000
Down payment
$100,000
Cost of improvements
$25,000
Estimated property value after repairs
$255,000
Additional Loan Information
I need to replace the carpet and paint walls. There are currently tenants in the home that have a desire to stay and sign a new lease
Status
Open
Created
February 13, 2021 - 9:59pm
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