Loan amount
$265,000
Loan type
Purchase {Fix&Rent}
After Repair Value
$360,000 {PP:$250,000}
ARV
74% {ARV}
Property type
Single Family
Borrower Details
Credit score
600
Deal experience
2 deals
This loan scenario was submitted by a Broker
No
Property Details
City
Panama City
State
Florida
Loan Details
Purchase price
$250,000
Down payment
$25,000
Cost of improvements
$40,000
Estimated property value after repairs
$360,000
Additional Loan Information
I live in home. Owner just got able to start repairs and flip himself, but gave me option to purchase...but have to immediately or he will be signing loan docs to start rehab himself early this week.
Status
Created
July 18, 2021 - 2:41pm

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