Loan amount
$170,000
Loan type
As-Is Property Value
$217,000
LTV
79%
{LTV}
Property type
Single family home
Borrower Details
Credit score
560
Deal experience
1 deal
This loan scenario was submitted by a Broker
Property Details
State
Ohio
Loan Details
Additional Loan Information
Fix and flip. I have a contract to buy this house for $125K for a complete estate all contents. $45K to cover rehab and cost to hold. The total loan is for $170K. The ARV $217K. Other homes in the area range from $210k to as much as $905K within a half a square mile. So, this property could very well sell for $250K to $270K after modernizing and updating this home. Property is located in Loveland OH, 45150. It sits on an acre of land, one of the largest lots in the area.
Status
Closed
Created
February 24, 2020 - 11:04am
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