Loan amount
$48,000
Loan type
Purchase
{Fix&Rent}
After Repair Value
$60,000
{PP:$50,000}
ARV
80%
{ARV}
Property type
Single Family
Borrower Details
Credit score
725
Deal experience
5 deals
This loan scenario was submitted by a Broker
No
Property Details
City
Denver City
State
Texas
Loan Details
Purchase price
$50,000
Down payment
$5,000
Cost of improvements
$3,000
Estimated property value after repairs
$60,000
Additional Loan Information
Buy a single family home that’s in decent condition, fix it and rent it out. And using that money to pay back the loan
Status
Open
Created
April 2, 2024 - 12:31am
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