Loan amount
$179,500
Loan type
Purchase
{Fix&Rent}
After Repair Value
$250,000
{PP:$150,000}
ARV
72%
{ARV}
Property type
Mobile Home Park
Borrower Details
Credit score
520
Deal experience
None
This loan scenario was submitted by a Broker
No
Property Details
City
Lehighton
State
Pennsylvania
Loan Details
Purchase price
$150,000
Down payment
$500
Cost of improvements
$30,000
Estimated property value after repairs
$250,000
Additional Loan Information
Sellers want to rent the house from me once I buy it and agreed to $2550 a month rent split 3 ways since the whole family lives together they want to pay me with 3 different lease agreements for $850 a month each with contingency if one moves out the other two rents go up to cover the $2550 a month
Status
Open
Created
November 23, 2022 - 7:39pm
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