Loan amount
$115,000
Loan type
Purchase
{Fix&Flip}
After Repair Value
$215,000
{PP:$40,000}
ARV
53%
{ARV}
Property type
Single Family
Borrower Details
Credit score
640
Deal experience
5 deals
This loan scenario was submitted by a Broker
No
Property Details
City
Gary
State
Indiana
Loan Details
Purchase price
$40,000
Down payment
$0
Cost of improvements
$75,000
Estimated property value after repairs
$215,000
Additional Loan Information
I currently have a distressed 2-story home that needs a full gut and rehab, under contract. I am hoping and praying to find the funds to fix this project and resell it on the market as I am also a realtor. This home needs a major renovation inside and out.
Status
Open
Created
February 28, 2024 - 6:21pm
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