Loan amount
$135,000
Loan type
As-Is Property Value
$249,000
LTV
55%
{LTV}
Property type
Single family home
Borrower Details
Credit score
625
Deal experience
100 deals
This loan scenario was submitted by a Broker
Property Details
State
Louisiana
Loan Details
Additional Loan Information
3 bed 2 full bath short sale property. This area is hot. Homes that hit the market sell within weeks. Home is need of cosmic repairs and up dated appliances. A couple of rooms need carpet changed out. I have been in business for over 25 years and has flipped over 100 homes. I'm under contract so need to move quickly. Purchase price $110K. Renovation budget $25K. 4-5 week timeline. ARV $249K. Property located in Hammond, LA 70403.
Status
Closed
Created
April 26, 2020 - 9:07am
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