Loan amount
$100,000
Loan type
As-Is Property Value
$200,000
LTV
50% {LTV}
Property type
Single family home
Borrower Details
Credit score
757
Deal experience
4 deals
This loan scenario was submitted by a Broker
Property Details
State
Ohio
Loan Details
Additional Loan Information
We have found a property in our neighborhood that is very run down that we would like to buy, remodel and sell and increase the value of the surrounding homes at the same time. Purchase price $60K. Renovation budget $55K. Timeline of 12 months. ARV $200K. Not yet in contract. Property located in South Point, Ohio.
Status
Created
April 26, 2020 - 9:05am

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