Loan amount
$125,000
Loan type
As-Is Property Value
$290,000
LTV
44%
{LTV}
Property type
Single family home
Borrower Details
Credit score
600
Deal experience
7 deals
This loan scenario was submitted by a Broker
Property Details
State
Maryland
Loan Details
Additional Loan Information
Fix and flip. 3 bedroom single family home located in a large development. Plan to update the kitchen and bathrooms, point up and paint entire home, Install new carpet and floors and repair or replace appliances and windows roofs etc. as necessary on a case by case basis. Exterior is in good shape and all I have to do is the interior. My offer will be for under $175K and the remodeled property will sell quickly for $290-300K. I am a licensed Realtor and I have performed a Comparative Price Analysis. The property is located in Waldorf MD. 90 days for remodel and 60 to 90 days for sale and settlement.
Status
Closed
Created
March 23, 2020 - 8:03am
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