Loan amount
$1,400,000
Loan type
Purchase
{Fix&Flip}
Property value
$2,000,000
{PP:$900,000}
ARV
70%
{ARV}
Property type
Single Family
Credit score
721
Deal experience
None
This loan scenario was submitted by a Broker
No
City
Mound
State
Minnesota
Purchase price
$900,000
Down payment
$0
Cost of improvements
$500,000
Estimated property value after repairs
$2,000,000
Additional Loan Information
One acre lakefront house - very dated so needs a lot of upgrades but prime lake lot.
Status
Pending review: Please check your email. We will be sending you follow-up questions, if needed. Be sure to check your spam folder.
Created
May 21, 2023 - 3:18pm
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