Loan amount
$725,000
Loan type
Purchase
{Fix&Rent}
After Repair Value
$1,000,000
{PP:$675,000}
ARV
73%
{ARV}
Property type
Single Family
Borrower Details
Credit score
782
Deal experience
2 deals
This loan scenario was submitted by a Broker
No
Property Details
City
Bothell
State
Washington
Loan Details
Purchase price
$675,000
Down payment
$10,000
Cost of improvements
$60,000
Estimated property value after repairs
$1,000,000
Additional Loan Information
Single family home on a lot that is zoned for 3 single family homes. Plan is to remodel the existing homes and rent it. Short plat the property into 3 separate lots and built $1000,000 dollar homes on the other 2 lots
Status
Open
Created
August 13, 2021 - 12:05am
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