Loan amount
$100,000
Loan type
As-Is Property Value
$125,000
LTV
80%
{LTV}
Property type
Single family home
Borrower Details
Credit score
700
Deal experience
10 deals
This loan scenario was submitted by a Broker
Property Details
State
Florida
Loan Details
Additional Loan Information
Foreclosure, single family. Ideal location for professional buyer (close to large hospital). Needs new roof and rehab. Estimate $50k purchase. $13K new roof. $12k , 3 x new bathrooms, $15k upgrade kitchen. $10k flooring, plumbing, electrics and new doors. After rehab estimate $140K sale or $1200/month rent. Need 12 months to complete and sell.
Status
Closed
Created
August 27, 2019 - 11:04am
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