Loan amount
$475,000
Loan type
Refinance {Fix&Flip}
After Repair Value
$750,000
ARV
63% {ARV}
Property type
Single Family
Borrower Details
Credit score
550
Deal experience
1 deal
This loan scenario was submitted by a Broker
No
Property Details
City
Salt Lake City
State
Utah
Loan Details
Current mortgage balance
$440,000
Cost of improvements
$35,000
Estimated property value after repairs
$750,000
Additional Loan Information
I have reframed the top floor of a 4-story house it is 80% complete I need insulation sheetrock and siding and then some smaller items like garage doors prehung and cabinets for the garage the rest of the house is all new. I put a new furnace Plumbing sheetrock LED lights Windows 30 windows exedra there's 200k equity in this property easy
Status
Created
November 9, 2021 - 1:57pm

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