Loan amount
$600,000
Loan type
Purchase
{Fix&Rent}
After Repair Value
$875,000
{PP:$625,000}
ARV
69%
{ARV}
Property type
Multi-Family 5+ Units
Borrower Details
Credit score
681
Deal experience
4 deals
This loan scenario was submitted by a Broker
No
Property Details
City
Grayson
State
Kentucky
Loan Details
Purchase price
$625,000
Down payment
$50,000
Cost of improvements
$25,000
Estimated property value after repairs
$875,000
Additional Loan Information
20 unit apartment building, 7 efficiencies , 5 1-bed , 5 2-bed , 4 3-bed apartments. Also large area where there was an old restaurant. Property has new roof, some apartments could use updated. My credit score is 681-717 my payment history is 100% for 7 years now..
Status
Open
Created
February 24, 2024 - 12:03am
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