Loan amount
$122,000
Loan type
Purchase
{Fix&Flip}
After Repair Value
$220,000
{PP:$79,900}
ARV
55%
{ARV}
Property type
Single Family
Borrower Details
Credit score
600
Deal experience
None
This loan scenario was submitted by a Broker
No
Property Details
City
Augusta
State
Maine
Loan Details
Purchase price
$79,900
Down payment
$8,000
Cost of improvements
$50,000
Estimated property value after repairs
$220,000
Additional Loan Information
Great property for a first flip of our own extremely excited to get started has new heating system and demo has been started in a great neighborhood. This will be me and my wife’s first flip we are a very strong team and we run our own general contracting business now and want to expand and start flipping houses for ourselves not others
Status
Open
Created
April 12, 2022 - 7:58pm
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