Loan amount
$241,000
Loan type
Purchase {Fix&Flip}
After Repair Value
$325,000 {PP:$215,000}
ARV
74% {ARV}
Property type
Single Family
Borrower Details
Credit score
675
Deal experience
2 deals
This loan scenario was submitted by a Broker
No
Property Details
City
Box Elder
State
South Dakota
Loan Details
Purchase price
$215,000
Down payment
$1,000
Cost of improvements
$27,000
Estimated property value after repairs
$325,000
Additional Loan Information
I am reinstating the loan 33k and doing the repairs ( low estimate 18000 high estimate 27000) and paying the people off is 40000 there is a little so I can have for payments of the property and for fees that are there for doing this. They have been cleaning up the property. I have been helping them out with their needs also so I am very invested in this process --- I have a dead line of the 14th so I can make this happen. Yes I tryed putting in the price of the property 215000 because I would like to have it all in one place Thank you for taking the time to look into this and for taking action.
Status
Created
March 9, 2023 - 6:45am

Hard Money Lenders Now Offering Real Estate Investor Loans in South Dakota Sioux Falls | Rapid City | Aberdeen | Brookings | Watertown | Mitchell Hard Money Loans | Refinance Cash-Out | Purchase | Fix-N-Flip | Commercial | Construction | SBA Business Loans