Loan amount
$57,000
Loan type
Purchase
{Fix&Flip}
After Repair Value
$125,000
{PP:$59,000}
ARV
46%
{ARV}
Property type
Single Family
Borrower Details
Credit score
668
Deal experience
None
This loan scenario was submitted by a Broker
No
Property Details
City
North Adams
State
Massachusetts
Loan Details
Purchase price
$59,000
Down payment
$12,000
Cost of improvements
$10,000
Estimated property value after repairs
$125,000
Additional Loan Information
The house only really needs to be painted. Update to the bathroom and kitchen, and we would also like to remodel the basement. Fairly low selling cost from owner. Potentially going to use this as a rental property.
Status
Open
Created
June 23, 2024 - 11:25am
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