Loan amount
$116,000
Loan type
Purchase {Fix&Flip}
After Repair Value
$170,000 {PP:$99,900}
ARV
68% {ARV}
Property type
Single Family
Borrower Details
Credit score
607
Deal experience
None
This loan scenario was submitted by a Broker
No
Property Details
City
Springfield
State
Ohio
Loan Details
Purchase price
$99,900
Down payment
$3,000
Cost of improvements
$19,100
Estimated property value after repairs
$170,000
Additional Loan Information
First-time fix-and-flip opportunity. The property is currently listed at $99,900, and we are completing our due diligence prior to submitting an offer. The preliminary renovation budget is approximately $19,100, placing the estimated total acquisition and rehab cost at approximately $119,000. Based on our current market analysis, the estimated after-repair value is approximately $170,000, which places the total project cost near 70% of ARV. The renovation scope is expected to consist primarily of cosmetic updates and necessary repairs designed to improve the property’s marketability and resale value. Our exit strategy is to complete the renovation efficiently and resell the property upon completion. We are seeking financing for both the acquisition and renovation costs.
Status
Created
August 2, 2026 - 4:38pm

Hard Money Lenders Now Offering Real Estate Investor Loans in Ohio Columbus | Cleveland | Cincinnati | Toledo | Akron | Dayton Hard Money Loans | Refinance Cash-Out | Purchase | Fix-N-Flip | Commercial | Construction | SBA Business Loans