Loan amount
$1,350,000
Loan type
Refinance
{Fix&Rent}
After Repair Value
$3,100,000
ARV
44%
{ARV}
Property type
Multi-Family 5+ Units
Borrower Details
Credit score
700
Deal experience
40 deals
This loan scenario was submitted by a Broker
No
Property Details
City
Birmingham
State
Alabama
Loan Details
Current mortgage balance
$1,000,000
Cost of improvements
$350,000
Estimated property value after repairs
$3,100,000
Additional Loan Information
Refinancing of existing portfolio purchased in October of last year. 30 single family units all rented.
Status
Open
Created
November 19, 2023 - 12:40am
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