Loan amount
$171,500
Loan type
Purchase
{Fix&Flip}
After Repair Value
$225,000
{PP:$111,300}
ARV
76%
{ARV}
Property type
Single Family
Borrower Details
Credit score
780
Deal experience
None
This loan scenario was submitted by a Broker
No
Property Details
City
Springfield
State
Ohio
Loan Details
Purchase price
$111,300
Down payment
$0
Cost of improvements
$60,000
Estimated property value after repairs
$225,000
Additional Loan Information
Foreclosure in a great neighborhood with constant increase in home values. Brand new schools and close to the city. Bought my house in this same neighborhood 6 years ago and my home has increased in value by over $90,000. Very desirable area to live in with low inventory to sell.
Status
Open
Created
April 24, 2024 - 4:30pm
Hard Money Lenders Now Offering Real Estate Investor Loans in Ohio Columbus | Cleveland | Cincinnati | Toledo | Akron | Dayton Hard Money Loans | Refinance Cash-Out | Purchase | Fix-N-Flip | Commercial | Construction | SBA Business Loans