Loan amount
$255,000
Loan type
Refinance
{Fix&Flip}
After Repair Value
$560,000
ARV
46%
{ARV}
Property type
Single Family
Borrower Details
Credit score
620
Deal experience
2 deals
This loan scenario was submitted by a Broker
Yes
Property Details
City
New Smyrna Beach
State
Florida
Loan Details
Current mortgage balance
$180,000
Cost of improvements
$75,000
Estimated property value after repairs
$560,000
Additional Loan Information
single family home on horse farm in new smyrna beach, upgrades have already began and borrower needs $70,000 to finish trge project. The land in acres is 12.5 acres and property is used as horse stables and riding venue. total loan amount is $260,000.
Status
Open
Created
April 6, 2023 - 9:33am
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