Loan amount
$165,000
Loan type
As-Is Property Value
$230,000
LTV
72%
{LTV}
Property type
Single family home
Borrower Details
Credit score
500
Deal experience
300 deals
This loan scenario was submitted by a Broker
Property Details
State
Oregon
Loan Details
Additional Loan Information
I am looking to purchase and flip a 2 acre property with river frontage, barn, shop, 4 bed 1800 sq ft home with another accessory dwelling that is currently being used as a mother-in-law unit. I have significant experience in flipping in the area. Purchase price is $230K. Seller will finance the balance in 2nd. Estimated renovation cost is $30-35K. Will take 6-12 months. Located in Junction City, Oregon. ARV is $400K.
Status
Closed
Created
September 16, 2019 - 8:11pm
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