Loan amount
$208,500
Loan type
Purchase
{Fix&Flip}
After Repair Value
$455,000
{PP:$108,200}
ARV
46%
{ARV}
Property type
Single Family
Borrower Details
Credit score
620
Deal experience
None
This loan scenario was submitted by a Broker
No
Property Details
City
Pittsburgh
State
Pennsylvania
Loan Details
Purchase price
$108,200
Down payment
$50,000
Cost of improvements
$150,000
Estimated property value after repairs
$455,000
Additional Loan Information
Single family residence in city limits. Unit next door is a mirror image, renovated and sold for $455k 4 months ago. This project is already complete with rough-in electrical/plumbing/HVAC. Requires finishing. Completed value will be similar or exceed sale price of neighboring home. This property includes 2 off-street parking spaces that neighboring home does not have.
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 20, 2023 - 3:27pm
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