Loan amount
$118,000
Loan type
As-Is Property Value
$167,000
LTV
71% {LTV}
Property type
Single family home
Borrower Details
Credit score
660
Deal experience
4 deals
This loan scenario was submitted by a Broker
Property Details
State
Illinois
Loan Details
Additional Loan Information
I have the home under contract. This would be a fast flip property. My uncle is the owner. The purchase price is $110K. The market value for the home is $160K. Estimating only $6-8K for repairs. Timeline is one week for the job to be complete. ARV is $178K. I have four years of real estate flipping experience.
Status
Created
September 5, 2019 - 10:15am

Hard Money Lenders Now Offering Real Estate Investor Loans in Illinois Chicago | Aurora | Naperville | Joliet | Rockford | Springfield Hard Money Loans | Refinance Cash-Out | Purchase | Fix-N-Flip | Commercial | Construction | SBA Business Loans