Loan amount
$609,000
Loan type
Purchase {Fix&Flip}
After Repair Value
$799,000 {PP:$535,000}
ARV
76% {ARV}
Property type
Single Family
Borrower Details
Credit score
623
Deal experience
5 deals
This loan scenario was submitted by a Broker
No
Property Details
City
Alexandria
State
Virginia
Loan Details
Purchase price
$535,000
Down payment
$0
Cost of improvements
$74,000
Estimated property value after repairs
$799,000
Additional Loan Information
Experienced flipper with completed projects across DMV region. Project is located in Mt. Vernon in Yacht Haven area. Plan to remodel existing bathrooms, full build out on kitchen, create ultimate master bedroom, full landscape package.
Property is already secured, off market deal, no realtors involved.
Status
Created
March 23, 2021 - 4:08pm

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