Loan amount
$479,000
Loan type
Purchase
{Fix&Flip}
After Repair Value
$590,000
{PP:$380,000}
ARV
81%
{ARV}
Property type
Single Family
Borrower Details
Credit score
760
Deal experience
None
This loan scenario was submitted by a Broker
No
Property Details
City
Toms River
State
New Jersey
Loan Details
Purchase price
$380,000
Down payment
$1,000
Cost of improvements
$100,000
Estimated property value after repairs
$590,000
Additional Loan Information
This house is located in a very nice neighborhood and is well under market value right now i am just looking at it. the clincher for this property is that it has an unfinished basement which can allow me to add two more bedrooms and a bath aside from other repairs, which would bring up the value by alot.
Status
Open
Created
November 1, 2023 - 12:10am
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