Loan amount
$120,000
Loan type
Purchase {Fix&Rent}
After Repair Value
$195,000 {PP:$110,000}
ARV
62% {ARV}
Property type
Single Family
Borrower Details
Credit score
646
Deal experience
2 deals
This loan scenario was submitted by a Broker
No
Property Details
City
Eufaula
State
Oklahoma
Loan Details
Purchase price
$110,000
Down payment
$10,000
Cost of improvements
$20,000
Estimated property value after repairs
$195,000
Additional Loan Information
Buy home before actioned off 110,000 up front get back approx 1/3 of that due to already owner of 1/3 the property.Use that to do the rehab. 3 bed 2 bath on large lot . Rent for a minimum 1000 per month
Status
Created
April 20, 2024 - 1:02am

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