Loan amount
$193,000
Loan type
Purchase
{Fix&Flip}
After Repair Value
$350,000
{PP:$175,000}
ARV
55%
{ARV}
Property type
Single Family
Borrower Details
Credit score
651
Deal experience
1 deal
This loan scenario was submitted by a Broker
No
Property Details
City
Alamogordo
State
New Mexico
Loan Details
Purchase price
$175,000
Down payment
$2,000
Cost of improvements
$20,000
Estimated property value after repairs
$350,000
Additional Loan Information
It’s a dream home honestly. Sellers want cash and to close fast. So we want to get the hard money loan then refinance into a mortgage as soon as possible.
Status
Open
Created
September 12, 2023 - 9:18pm
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