Loan amount
$1,600,000
Loan type
Purchase
{Fix&Flip}
After Repair Value
$3,500,000
{PP:$1,450,000}
ARV
46%
{ARV}
Property type
Multi-Family 5+ Units
Borrower Details
Credit score
560
Deal experience
20 deals
This loan scenario was submitted by a Broker
No
Property Details
City
Detroit
State
Michigan
Loan Details
Purchase price
$1,450,000
Down payment
$0
Cost of improvements
$150,000
Estimated property value after repairs
$3,500,000
Additional Loan Information
Fix and flip of a 18 unit apartment building
Status
Open
Created
November 2, 2021 - 1:34pm
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