Loan amount
$485,000
Loan type
Purchase
{Fix&Rent}
After Repair Value
$545,000
{PP:$475,000}
ARV
89%
{ARV}
Property type
Multi-Family 1-4 Units
Borrower Details
Credit score
720
Deal experience
2 deals
This loan scenario was submitted by a Broker
No
Property Details
City
Panama City
State
Alabama
Loan Details
Purchase price
$475,000
Down payment
$25,000
Cost of improvements
$35,000
Estimated property value after repairs
$545,000
Additional Loan Information
I'm investing in a duplex with 2bed 2 bath units. One unit is completely rehabbed and the other needs a complete rehab that should take approximately 17,000 to do. I am looking to put in an in ground pool in the backyard which is projected to cost 18,000.
Status
Open
Created
August 27, 2021 - 4:19pm
Hard Money Lenders Now Offering Real Estate Investor Loans in Alabama Birmingham | Montgomery | Huntsville | Mobile | Tuscaloosa | Hoover Hard Money Loans | Refinance Cash-Out | Purchase | Fix-N-Flip | Commercial | Construction | SBA Business Loans