Loan amount
$290,000
Loan type
Purchase {Fix&Flip}
After Repair Value
$550,000 {PP:$250,000}
ARV
53% {ARV}
Property type
Single Family
Borrower Details
Credit score
480
Deal experience
2 deals
This loan scenario was submitted by a Broker
No
Property Details
City
Pass Christian
State
Mississippi
Loan Details
Purchase price
$250,000
Down payment
$10,000
Cost of improvements
$50,000
Estimated property value after repairs
$550,000
Additional Loan Information
3,000 sf 3 bedroom 2.5 bath on 5.4 acres. Beautiful property large trees in a great neighborhood. Currently in contract. Currently needs Sheetrock installed along with paint and electrical fixtures. 2 house down sold for 220k that was 1200 sf on 2 acres. Im 36 and work in commercial construction
Status
Created
December 3, 2023 - 4:51am

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