Loan amount
$116,500
Loan type
Purchase
{Fix&Flip}
After Repair Value
$180,000
{PP:$47,000}
ARV
65%
{ARV}
Property type
Single Family
Borrower Details
Credit score
580
Deal experience
2 deals
This loan scenario was submitted by a Broker
No
Property Details
City
Beaumont
State
Texas
Loan Details
Purchase price
$47,000
Down payment
$10,000
Cost of improvements
$79,440
Estimated property value after repairs
$180,000
Additional Loan Information
Fix and flip SFR property with garage appt.
ARV- $180K PP-$47K rehab- $79,440.00
Exit strategy - market as a Duplex 3/1 w/ studio garage appt.
ARV- $180K PP-$47K rehab- $79,440.00
Exit strategy - market as a Duplex 3/1 w/ studio garage appt.
Status
Open
Created
September 15, 2023 - 3:28pm
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