Loan amount
$119,000
Loan type
As-Is Property Value
$149,000
LTV
80% {LTV}
Property type
Single family home
Borrower Details
Credit score
555
Deal experience
None
This loan scenario was submitted by a Broker
Property Details
State
Florida
Loan Details
Additional Loan Information
Looking to flip a property in Port Charlotte, FL. Sale price of $79,000. Estimated repair cost of $40,000. Property value after repairs $149,000. Work in kitchen, cabinets need fixing or replacing. Some work in two bedrooms and some floors need work. 4-5 week renovation. It's a two bedroom one bath with a car port and back yard. Need 100% financing. Do not have funds for closing costs upfront.
Status
Created
October 10, 2019 - 4:35pm

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