Loan amount
$300,000
Loan type
Purchase
{Fix&Flip}
After Repair Value
$500,000
{PP:$260,000}
ARV
60%
{ARV}
Property type
Single Family
Borrower Details
Credit score
750
Deal experience
1 deal
This loan scenario was submitted by a Broker
No
Property Details
City
Reno
State
Nevada
Loan Details
Purchase price
$260,000
Down payment
$10,000
Cost of improvements
$50,000
Estimated property value after repairs
$500,000
Additional Loan Information
Fix & Flip Opportunity –
Under Contract | Seeking $310,000 in Funding (Purchase + Renovation)
I am seeking $310,000 in total funding to acquire and renovate a fix-and-flip property under contract in Reno's desirable Old Northwest neighborhood, just minutes from downtown, UNR, and midtown.
The home is already configured as a 3 bed / 3 bath (~1,220 sq ft), with plumbing in place for all three bathrooms. Scope includes structural repairs and cosmetic improvements to maximize resale value.
🔧 Project Overview
Purchase Price: $260,000 (under contract)
Rehab Budget: $50,000
Foundation repair: $9,000
Roof replacement: $9,000
Cosmetic updates and finishing work
Total Capital Needed: $310,000
📈 Financial Highlights
After Repair Value (ARV): $500,000
All-In Budget: $310,000
Estimated Profit Margin: ~$190,000 before holding/selling costs
Timeline: 3–4 months
Exit Strategy: Fix and retail resale
Under Contract | Seeking $310,000 in Funding (Purchase + Renovation)
I am seeking $310,000 in total funding to acquire and renovate a fix-and-flip property under contract in Reno's desirable Old Northwest neighborhood, just minutes from downtown, UNR, and midtown.
The home is already configured as a 3 bed / 3 bath (~1,220 sq ft), with plumbing in place for all three bathrooms. Scope includes structural repairs and cosmetic improvements to maximize resale value.
🔧 Project Overview
Purchase Price: $260,000 (under contract)
Rehab Budget: $50,000
Foundation repair: $9,000
Roof replacement: $9,000
Cosmetic updates and finishing work
Total Capital Needed: $310,000
📈 Financial Highlights
After Repair Value (ARV): $500,000
All-In Budget: $310,000
Estimated Profit Margin: ~$190,000 before holding/selling costs
Timeline: 3–4 months
Exit Strategy: Fix and retail resale
Status
Closed
Created
July 13, 2025 - 1:38pm
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