Loan amount
$2,550,000
Loan type
Purchase {Fix&Flip}
After Repair Value
$4,800,000 {PP:$2,500,000}
ARV
53% {ARV}
Property type
Single Family
Borrower Details
Credit score
620
Deal experience
None
This loan scenario was submitted by a Broker
No
Property Details
City
Rancho Palos Verdes
State
California
Loan Details
Purchase price
$2,500,000
Down payment
$750,000
Cost of improvements
$800,000
Estimated property value after repairs
$4,800,000
Additional Loan Information
Nestled in the prestigious gated community, it’s a 4 bedroom 4 bathroom home has over 4700 sq. ft. of living space. Top of the world views of the ocean, city and mountains and is minutes away from Trump National Golf Course and award winning restaurant. Miles of walking and hiking trails with ocean and Catalina views inside of the estate with private backyard entrance to one of many trails.The home has one of the largest grassy rear yards in the community with room for a pool and outdoor kitchen.

Purchase Price 2.5m
Rehab 800k
Rehab Time 8-12 months
Current Zestimate 2.9m
Penny Mac Current Value 3.47m
After Rehab Value 4.8m
Exit Strategy - Fix and Flip
Roi ~ 1.5m
Status
Created
December 20, 2022 - 11:11pm

Hard Money Lenders Now Offering Real Estate Investor Loans in California Los Angeles | San Diego | San Jose | San Francisco | Fresno | Sacramento Hard Money Loans | Refinance Cash-Out | Purchase | Fix-N-Flip | Commercial | Construction | SBA Business Loans