Loan amount
$800,000
Loan type
Purchase
{Fix&Rent}
After Repair Value
$1,000,000
{PP:$850,000}
ARV
80%
{ARV}
Property type
Single Family
Borrower Details
Credit score
585
Deal experience
4 deals
This loan scenario was submitted by a Broker
No
Property Details
City
Ramona
State
California
Loan Details
Purchase price
$850,000
Down payment
$75,000
Cost of improvements
$25,000
Estimated property value after repairs
$1,000,000
Additional Loan Information
Single family home Ramona California five bedroom three bath a little over an acre with a swimming pool. Bathrooms and kitchens need to be updated and will be bringing in a garage. This is the 11th house that I have been involved in and the third I am doing on my own we are in escrow and were to close 3 days ago but the investor our broker had lined up does not like country property and backed out last minute, I already have renters ready to move in in 45 days I am looking for a hail Mary
Status
Open
Created
July 12, 2023 - 9:29am
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