Loan amount
$185,000
Loan type
As-Is Property Value
$320,000
LTV
58%
{LTV}
Property type
Single family home (2)
Borrower Details
Credit score
800
Deal experience
None
This loan scenario was submitted by a Broker
Property Details
State
Illinois
Loan Details
Additional Loan Information
Fix and flip of two single family homes. Property #1: Purchase price $33.5K, renovation budget $50K, 5-6 month timeline, ARV $150-180K, in contract, located in Chicago. Property #2: Purchase price $59K, renovation budget $40K, 6 month timeline, ARV $160K, in contract, located in Maywood.
Status
Closed
Created
February 9, 2020 - 3:43pm
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