Loan amount
$52,000
Loan type
Purchase {Fix&Flip}
After Repair Value
$150,000 {PP:$50,000}
ARV
35% {ARV}
Property type
Retail/Strip Mall
Borrower Details
Credit score
500
Deal experience
None
This loan scenario was submitted by a Broker
No
Property Details
City
Ringling
State
Oklahoma
Loan Details
Purchase price
$50,000
Down payment
$0
Cost of improvements
$2,000
Estimated property value after repairs
$150,000
Additional Loan Information
Started a new business and trying to purchase and restore a building in a small town to open a salon
Status
Created
January 5, 2022 - 10:42am

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