Loan amount
$305,000
Loan type
Purchase {Fix&Flip}
After Repair Value
$575,000 {PP:$245,000}
ARV
53% {ARV}
Property type
Single Family
Borrower Details
Credit score
530
Deal experience
2 deals
This loan scenario was submitted by a Broker
No
Property Details
City
Fort Lauderdale
State
Florida
Loan Details
Purchase price
$245,000
Down payment
$40,000
Cost of improvements
$100,000
Estimated property value after repairs
$575,000
Additional Loan Information
Converting single family into a 2 unit duplex. Full gut and remodel, all footage will remain the same.
Status
Created
January 28, 2024 - 10:41am

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