Loan amount
$145,000
Loan type
As-Is Property Value
$189,000
LTV
77%
{LTV}
Property type
Single family home
Borrower Details
Credit score
640
Deal experience
1 deal
This loan scenario was submitted by a Broker
Property Details
State
Arkansas
Loan Details
Additional Loan Information
Will have under contract in 5 days. Needs new paint, completely remodel kitchen and bathrooms and new floors. Total renovation budget of $30K to get it ready in 30 days then on the market. Sale should take 45-60 days max. 3 bedroom and 3 bath. Purchase price $110K. List for $189K. Located in Hot Springs National Park, 1 mile from Oaklawn Race Track and casino. If needed for extra collateral, we own our home outright worth $69K.
Status
Closed
Created
September 21, 2019 - 10:54am
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