Loan amount
$40,000
Loan type
Refinance
{Fix&Rent}
After Repair Value
$80,000
ARV
50%
{ARV}
Property type
Single Family
Borrower Details
Credit score
580
Deal experience
2 deals
This loan scenario was submitted by a Broker
No
Property Details
City
Dayton
State
Ohio
Loan Details
Current mortgage balance
$0
Cost of improvements
$40,000
Estimated property value after repairs
$80,000
Additional Loan Information
Rental property was damaged and is in need of repairs, but the property is free and clear of any and all encumbrances.
Status
Open
Created
March 1, 2021 - 8:37pm
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