Loan amount
$258,000
Loan type
Purchase
{Fix&Flip}
Property value
$404,000
{PP:$238,000}
ARV
64%
{ARV}
Property type
Single Family
Credit score
750
Deal experience
None
This loan scenario was submitted by a Broker
No
City
Saint Louis
State
Missouri
Purchase price
$238,000
Down payment
$2,000
Cost of improvements
$22,000
Estimated property value after repairs
$404,000
Additional Loan Information
First-time flipper. I saw an excellent opportunity in Maryland Heights, Saint Louis. Flipping this house could give a profit of $105000 .
I have a steady monthly income, but short in down payement.
I have a steady monthly income, but short in down payement.
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
December 28, 2023 - 9:03pm
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