Loan amount
$102,000
Loan type
Purchase
{Fix&Rent}
After Repair Value
$125,000
{PP:$107,000}
ARV
82%
{ARV}
Property type
Townhome
Borrower Details
Credit score
630
Deal experience
5 deals
This loan scenario was submitted by a Broker
Yes
Property Details
City
Roselle Borough
State
New Jersey
Loan Details
Purchase price
$107,000
Down payment
$15,000
Cost of improvements
$10,000
Estimated property value after repairs
$125,000
Additional Loan Information
This property is about 95% done buy the current owner. My guess is he ran out of money before completing. The property needs to be picked up from the left-over material and work garbage that was left.
Status
Open
Created
March 10, 2023 - 8:50am
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