Loan amount
$295,000
Loan type
Purchase {Fix&Rent}
After Repair Value
$650,000 {PP:$225,000}
ARV
45% {ARV}
Property type
Single Family
Borrower Details
Credit score
670
Deal experience
None
This loan scenario was submitted by a Broker
No
Property Details
City
Pittsburgh
State
Pennsylvania
Loan Details
Purchase price
$225,000
Down payment
$40,000
Cost of improvements
$110,000
Estimated property value after repairs
$650,000
Additional Loan Information
Have experience hosting and designing a few very successful Airbnb properties in pittsburgh. I plan to get the place renovated and refinance and short term rent it on Airbnb.
Under contract. As is retail is $320,000.
I am purchasing it for $225,000. With a earnest money deposit of $5,000
Status
Created
December 19, 2023 - 11:23am

Hard Money Lenders Now Offering Real Estate Investor Loans in Pennsylvania Philadelphia | Pittsburgh | Allentown | Erie | Gainesville | Reading Hard Money Loans | Refinance Cash-Out | Purchase | Fix-N-Flip | Commercial | Construction | SBA Business Loans