Loan amount
$165,000
Loan type
Purchase
{Fix&Flip}
After Repair Value
$230,000
{PP:$135,000}
ARV
72%
{ARV}
Property type
Single Family
Borrower Details
Credit score
750
Deal experience
None
This loan scenario was submitted by a Broker
No
Property Details
City
Ferndale
State
Michigan
Loan Details
Purchase price
$135,000
Down payment
$0
Cost of improvements
$30,000
Estimated property value after repairs
$230,000
Additional Loan Information
1100 sqft single family home in excellent neighborhood/town. Home needs cosmetic repairs and updates to kitchen, bath, etc.
Status
Open
Created
January 25, 2021 - 9:12pm
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