Loan amount
$136,000
Loan type
Purchase
{Fix&Rent}
After Repair Value
$190,000
{PP:$140,000}
ARV
72%
{ARV}
Property type
Single Family
Borrower Details
Credit score
725
Deal experience
3 deals
This loan scenario was submitted by a Broker
No
Property Details
City
Park Rapids
State
Minnesota
Loan Details
Purchase price
$140,000
Down payment
$14,000
Cost of improvements
$10,000
Estimated property value after repairs
$190,000
Additional Loan Information
Converting seasonal cabin into year-round cabin. Adding insulation and high efficiency furnace. Cleaning up/weeding the shoreline.
Status
Open
Created
September 8, 2023 - 11:37pm
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