Loan amount
$185,000
Loan type
As-Is Property Value
$185,000
LTV
100%
{LTV}
Property type
SFR
Borrower Details
Credit score
600
Deal experience
None
This loan scenario was submitted by a Broker
Property Details
State
Florida
Loan Details
Additional Loan Information
Property is being wholesaled at 169900. Repairs are mostly cosmetic. Repair estimate is 15000. Property located in Orlando with close proximity to University of Central Florida making it a desirable area. Goal is to flip with in 120 days and move to the next property.
Personal Information: I have been in the REO Foreclosure industry for 14 years providing rehab work, and maintenance services for the Banks. Due to the decrease in inventory I wanted to switch over to Rehab/Flip properties. Originally I was interested in Wholesaling to build Capital. I need someone to help get me started with my first property. Even if it isn't this particular property and I need to start small. I am willing to start low and work my way up.
Personal Information: I have been in the REO Foreclosure industry for 14 years providing rehab work, and maintenance services for the Banks. Due to the decrease in inventory I wanted to switch over to Rehab/Flip properties. Originally I was interested in Wholesaling to build Capital. I need someone to help get me started with my first property. Even if it isn't this particular property and I need to start small. I am willing to start low and work my way up.
Status
Closed
Created
August 1, 2019 - 9:29pm
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