Loan amount
$55,000
Loan type
Purchase
{Fix&Rent}
After Repair Value
$110,000
{PP:$50,000}
ARV
50%
{ARV}
Property type
Single Family
Borrower Details
Credit score
545
Deal experience
None
This loan scenario was submitted by a Broker
No
Property Details
City
Brundidge
State
Florida
Loan Details
Purchase price
$50,000
Down payment
$10,000
Cost of improvements
$15,000
Estimated property value after repairs
$110,000
Additional Loan Information
Rental investment. Needs mainly cosmetic work . I can not prove income and credit is bad. Have had 4 rental investment properties previously
Status
Open
Created
March 11, 2022 - 4:46pm
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