Loan amount
$157,000
Loan type
Purchase
{Fix&Rent}
After Repair Value
$225,000
{PP:$100,000}
ARV
70%
{ARV}
Property type
Single Family
Borrower Details
Credit score
585
Deal experience
None
This loan scenario was submitted by a Broker
No
Property Details
City
Louisville
State
Kentucky
Loan Details
Purchase price
$100,000
Down payment
$3,000
Cost of improvements
$60,000
Estimated property value after repairs
$225,000
Additional Loan Information
4bd 2ba home with basement. Looking to convert to multifamily property. Currently owned by family member.
Status
Open
Created
January 28, 2024 - 7:31pm
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