Loan amount
$1,005,000
Loan type
Purchase
{Fix&Flip}
After Repair Value
$1,600,000
{PP:$605,000}
ARV
63%
{ARV}
Property type
Multi-Family 1-4 Units
Borrower Details
Credit score
500
Deal experience
None
This loan scenario was submitted by a Broker
No
Property Details
City
Watertown
State
Massachusetts
Loan Details
Purchase price
$605,000
Down payment
$0
Cost of improvements
$400,000
Estimated property value after repairs
$1,600,000
Additional Loan Information
2-family that has been gutted and ready for rehab. Architectural plans in place and waiting for city approval.
Status
Open
Created
April 7, 2021 - 1:53pm
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