Loan amount
$95,000
Loan type
Purchase {Fix&Rent}
After Repair Value
$160,000 {PP:$85,000}
ARV
59% {ARV}
Property type
Single Family
Borrower Details
Credit score
500
Deal experience
None
This loan scenario was submitted by a Broker
No
Property Details
City
North Judson
State
Indiana
Loan Details
Purchase price
$85,000
Down payment
$15,000
Cost of improvements
$25,000
Estimated property value after repairs
$160,000
Additional Loan Information
It’s a brick 2 story 4 bed 2 bath house with a full basement. It needs windows, doors, facia, soffit, tuck pointed, sidewalks, patio, garage need replaced.. I’ve been doing construction my whole life and I want to use this opportunity to start a investment opportunity and a general contractor business while still working my full time job until I get it going good
Status
Created
February 27, 2024 - 5:07pm

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