Loan amount
$107,000
Loan type
As-Is Property Value
$255,000
LTV
42%
{LTV}
Property type
Single home
Borrower Details
Credit score
671
Deal experience
None
This loan scenario was submitted by a Broker
Property Details
State
Louisiana
Loan Details
Additional Loan Information
This will be my first fix and flip. This house is beautiful, and very promising. It needs very little work, and a few upgrades. I’m just looking at the property for now, but if I can get a lender, I will lock it in contract ASAP. The purchase price is $80K. Reno budget is $30K. Reno timeline is 2 1/2 weeks. After renovation the estimated value is $255. This is a 4 bed, 3 bath, over 3000 square feet. The property is located in Shreveport, LA.
Status
Closed
Created
August 25, 2020 - 2:15pm
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