Loan amount
$200,000
Loan type
As-Is Property Value
$400,000
LTV
50%
{LTV}
Property type
Single family home
Borrower Details
Credit score
600
Deal experience
8 deals
This loan scenario was submitted by a Broker
Property Details
State
Missouri
Loan Details
Additional Loan Information
Found a great flip from a customer that neighbors the property. I have already looked at the property in and out. I'll need to put about $30K into the house to get it ready to sell. The owner wants $140K for the house and similar houses around it are selling for $350K. Not yet in contract. The renovation timeline is estimated right at 12 weeks. Located in Holt, Missouri.
Status
Closed
Created
May 26, 2020 - 8:21am
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