Loan amount
$370,000
Loan type
Purchase
{Fix&Flip}
After Repair Value
$625,000
{PP:$300,000}
ARV
59%
{ARV}
Property type
Single Family
Borrower Details
Credit score
740
Deal experience
8 deals
This loan scenario was submitted by a Broker
No
Property Details
City
Portsmouth
State
Rhode Island
Loan Details
Purchase price
$300,000
Down payment
$30,000
Cost of improvements
$100,000
Estimated property value after repairs
$625,000
Additional Loan Information
A foreclosed property in a fantastic neighborhood needs only internal updates.
I have been in the industry for over 43 years with a reputation of being one of the best Contractors in the area. Most of my flips have been total rehabs. This is literally the least amount of work needed for any of my flips.
I have been in the industry for over 43 years with a reputation of being one of the best Contractors in the area. Most of my flips have been total rehabs. This is literally the least amount of work needed for any of my flips.
Status
Open
Created
March 29, 2022 - 10:56pm
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