Loan amount
$535,000
Loan type
As-Is Property Value
$700,000
LTV
77%
{LTV}
Property type
Single family home
Borrower Details
Credit score
850
Deal experience
10 deals
This loan scenario was submitted by a Broker
Property Details
State
New Jersey
Loan Details
Additional Loan Information
Fix and flip. Borrower is seeking capital to purchase and rehab a high value property. Purchase price $535K. ARV $700K. Will use $40K out of pocket for renovation. Capital reserve in bank $400K. Net worth $1M. Property located in Clifton, NJ. I am a broker representing my client.
Status
Closed
Created
July 30, 2020 - 9:54am
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