Loan amount
$75,000
Loan type
As-Is Property Value
$320,000
LTV
24%
{LTV}
Property type
Single family home
Borrower Details
Credit score
690
Deal experience
2 deals
This loan scenario was submitted by a Broker
Property Details
State
Connecticut
Loan Details
Additional Loan Information
I own this property out right. The renovation has been started. The exterior has been completed and the interior is scheduled to start this coming week. The floor plan will be converted to an open concept and a master suit will be created. This property has a projected profit of $70K. Purchased for $135K on 3/25/20. $20K already put in towards renovations. 4-6 weeks remaining. ARV $320K. Property located in Avon, CT. Will sell once completed.
Status
Closed
Created
April 6, 2020 - 9:29am
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