Loan amount
$652,000
Loan type
Purchase
{Fix&Flip}
After Repair Value
$800,000
{PP:$600,000}
ARV
82%
{ARV}
Property type
Single Family
Borrower Details
Credit score
505
Deal experience
None
This loan scenario was submitted by a Broker
No
Property Details
City
Frisco
State
Texas
Loan Details
Purchase price
$600,000
Down payment
$8,000
Cost of improvements
$60,000
Estimated property value after repairs
$800,000
Additional Loan Information
This is a great house, but the bathrooms are outdated, the kitchen counters show much wear/tear, carpet on stairs & upstairs needs to be replaced, along with windows & front door. Stovetop only 1 burner works so that needs to be replaced. Can easily make a backyard oasis. We have construction experience & a ton of residential repairs, remodel, etc. This house is in an exceptional neighborhood w/ many amenities & is in great shape, just needs some love to make it shine!
Status
Open
Created
April 2, 2024 - 8:16pm
Hard Money Lenders Now Offering Real Estate Investor Loans in Texas Houston | San Antonio | Dallas | Austin | Fort Worth | El Paso Hard Money Loans | Refinance Cash-Out | Purchase | Fix-N-Flip | Commercial | Construction | SBA Business Loans