Loan amount
Loan type
As-Is Property Value
47% {LTV}
Property type
Single family home
Borrower Details
Credit score
Deal experience
This loan scenario was submitted by a Broker
Property Details
Loan Details
Additional Loan Information
A colonial home just went on the market for $34,500. I would like to do a re-hab and flip the property. Typical homes in the area values are rising up to and around $150,000. I believe it is and excellent opportunity. I have almost 15 years property management and development experience with the City of Detroit Housing Commission and Planing and Development Department. Both Rehab and New Construction experience. Estimated renovation cost of $30K. Timeline 6 months. I can put up my primary residence, which is paid off, as collateral, if needed.
September 18, 2019 - 9:51pm

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