Loan amount
$16,000
Loan type
Purchase
{Fix&Flip}
After Repair Value
$90,000
{PP:$27,000}
ARV
18%
{ARV}
Property type
Single Family
Borrower Details
Credit score
620
Deal experience
1 deal
This loan scenario was submitted by a Broker
No
Property Details
City
Whitney Texas
State
Texas
Loan Details
Purchase price
$27,000
Down payment
$17,000
Cost of improvements
$6,000
Estimated property value after repairs
$90,000
Additional Loan Information
It is a small lake house needs new HVAC new windows and paint in and out floors sanded and finished paint in the kitchen and small granite countertops also need hot tub removed and mud jack the concrete driveway back to level and shubs
And sod and it's ready. Huge profit it is on the cove of the lake and the view it's self is worth 60,000
And sod and it's ready. Huge profit it is on the cove of the lake and the view it's self is worth 60,000
Status
Open
Created
November 14, 2021 - 10:56pm
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