Loan amount
$80,000
Loan type
As-Is Property Value
$120,000
LTV
67%
{LTV}
Property type
Single family home
Borrower Details
Credit score
660
Deal experience
2 deals
This loan scenario was submitted by a Broker
Property Details
State
Alabama
Loan Details
Additional Loan Information
Fix an flip. 3 bedroom, 1 bath with a car garage located in a desirable, expanding area, 3.5 miles from a new Facebook Data Center in Toney, AL. Purchase price $35K. Renovation budget $45K. 3 month timeline. ARV $115-125K. In contract - closing on 3/13/20. Putting down $8-10K.
Status
Closed
Created
March 5, 2020 - 11:51am
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