Loan amount
$265,000
Loan type
Purchase {Fix&Rent}
After Repair Value
$375,000 {PP:$275,000}
ARV
71% {ARV}
Property type
Single Family
Borrower Details
Credit score
780
Deal experience
None
This loan scenario was submitted by a Broker
No
Property Details
City
Decatur
State
Georgia
Loan Details
Purchase price
$275,000
Down payment
$50,000
Cost of improvements
$40,000
Estimated property value after repairs
$375,000
Additional Loan Information
I am an Architect that has recently placed an offer on a duplex that is in need of some renovations. The duplex has a full basement and there is an opportunity to turn it into a Quad.
Status
Created
April 10, 2022 - 6:31pm

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