Loan amount
$91,000
Loan type
Refinance
{Fix&Rent}
After Repair Value
$254,000
ARV
36%
{ARV}
Property type
Single Family
Borrower Details
Credit score
580
Deal experience
1 deal
This loan scenario was submitted by a Broker
No
Property Details
City
Pittsburgh
State
Pennsylvania
Loan Details
Current mortgage balance
$41,000
Cost of improvements
$50,000
Estimated property value after repairs
$254,000
Additional Loan Information
Inherited a property that was only $40000. It needs renovation but is in a prime location. Would like to fix and rent. The property is currently owned.
Status
Open
Created
May 13, 2022 - 1:13pm
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