Loan amount
$119,000
Loan type
Purchase {Fix&Rent}
After Repair Value
$170,000 {PP:$65,000}
ARV
70% {ARV}
Property type
Single Family
Borrower Details
Credit score
720
Deal experience
1 deal
This loan scenario was submitted by a Broker
No
Property Details
City
Nevada
State
Iowa
Loan Details
Purchase price
$65,000
Down payment
$1,000
Cost of improvements
$55,000
Estimated property value after repairs
$170,000
Additional Loan Information
Found a great BRRRR Property below 50% value and room to add more beds n baths. The way it sits is a two bed 1.5 bath.

Wholesale price $65K ARV looking at 170k could even be more comparable comps.
Status
Created
February 16, 2022 - 5:37pm

Hard Money Lenders Now Offering Real Estate Investor Loans in Iowa Des Moines | Cedar Rapids | Davenport | Sioux City | Iowa City | Ankeny Hard Money Loans | Refinance Cash-Out | Purchase | Fix-N-Flip | Commercial | Construction | SBA Business Loans