Loan amount
$362,000
Loan type
Purchase
{Fix&Flip}
After Repair Value
$525,000
{PP:$350,000}
ARV
69%
{ARV}
Property type
Single Family
Borrower Details
Credit score
508
Deal experience
2 deals
This loan scenario was submitted by a Broker
No
Property Details
City
Ontario
State
South Carolina
Loan Details
Purchase price
$350,000
Down payment
$25,000
Cost of improvements
$36,900
Estimated property value after repairs
$525,000
Additional Loan Information
I have a GC and he his crew ready to go they have already bud the job and it’s a friend of a friend type deal I have an appraiser on standby as well if we were to go ahead and get this done if it’s a cash offer we do great last house I did purchased for 410,00 2 years later sold it for 865,000 same vicinity I’ll low balling everything here and while we waiting for construction and for right offer have it were someone is willing to rent and pay 2200 per month during construction and 3200 after construction until the sale
Status
Open
Created
December 31, 2022 - 6:36am
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