Loan amount
$60,000
Loan type
Purchase
{Fix&Flip}
After Repair Value
$150,000
{PP:$20,000}
ARV
40%
{ARV}
Property type
Single Family
Borrower Details
Credit score
550
Deal experience
2 deals
This loan scenario was submitted by a Broker
No
Property Details
City
Anderson
State
South Carolina
Loan Details
Purchase price
$20,000
Down payment
$15,000
Cost of improvements
$55,000
Estimated property value after repairs
$150,000
Additional Loan Information
3 bed 1 bath brick house in good neighborhood of town. Great bones. Just needs bathroom and kitchen Reno. Floors, paint, and interior cosmetics. Will add slight curb appeal with some landscape updates and paint brick white for current market demand.
Status
Open
Created
December 30, 2023 - 12:10am
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