Loan amount
$93,000
Loan type
Purchase
{Fix&Flip}
After Repair Value
$124,000
{PP:$79,000}
ARV
75%
{ARV}
Property type
Single Family
Borrower Details
Credit score
660
Deal experience
None
This loan scenario was submitted by a Broker
No
Property Details
City
HAMILTON
State
Missouri
Loan Details
Purchase price
$79,000
Down payment
$1,000
Cost of improvements
$15,000
Estimated property value after repairs
$124,000
Additional Loan Information
This is a fix to flip most updates been done already to the home it has Refinished hardwood floors, new carpet, paint, refreshed bathroom, new wall mounted dual heat-a/c units and paint all done! Part of the repairs will be a new central ac and heat. My estimate repair cost is a little higher than expected for room of any other little hiccup that may occur I don't believe it will take that much to repair.
Status
Open
Created
March 15, 2021 - 9:02pm
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