Loan amount
$30,000
Loan type
Purchase
{Fix&Flip}
After Repair Value
$100,000
{PP:$21,000}
ARV
30%
{ARV}
Property type
Single Family
Borrower Details
Credit score
750
Deal experience
2 deals
This loan scenario was submitted by a Broker
No
Property Details
City
Columbus
State
Georgia
Loan Details
Purchase price
$21,000
Down payment
$21,000
Cost of improvements
$30,000
Estimated property value after repairs
$100,000
Additional Loan Information
Property was listed for 32k i negotiated a cash contract for 21k . I close on the 25th. I am prepared to buy it cash but would rather leverage and use the BRRR method. Buy rehab refi rent repeat. Or just sell it for a profit
Status
Open
Created
January 16, 2021 - 10:40am
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