Loan amount
$775,000
Loan type
Purchase
{Fix&Flip}
After Repair Value
$2,000,000
{PP:$765,000}
ARV
39%
{ARV}
Property type
Other Commercial
Borrower Details
Credit score
600
Deal experience
26 deals
This loan scenario was submitted by a Broker
No
Property Details
City
New Orleans
State
Louisiana
Loan Details
Purchase price
$765,000
Down payment
$0
Cost of improvements
$10,000
Estimated property value after repairs
$2,000,000
Additional Loan Information
Need 750k for 12% or less will refinance 6-12 months to pay loan off. Needing to complete portfolio purchase and pay for inspections, appraisals and new umbrella insurance policy
Status
Open
Created
August 13, 2023 - 4:08pm
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