Loan amount
$209,000
Loan type
Purchase
{Fix&Rent}
After Repair Value
$210,000
{PP:$159,000}
ARV
100%
{ARV}
Property type
Single Family
Borrower Details
Credit score
500
Deal experience
3 deals
This loan scenario was submitted by a Broker
No
Property Details
City
Green Mountain
State
North Carolina
Loan Details
Purchase price
$159,000
Down payment
$0
Cost of improvements
$50,000
Estimated property value after repairs
$210,000
Additional Loan Information
My real estate scenario follows below:
4BR, 2BA SFR
Purchase Price $159,000
Rehab (cosmetic): $50,000
Est. As-Is Property Value: $210,000
Est. Annual Taxes: $1000
Est. Annual Insurance: $500
Objective: Purchase the property (Buy and Hold) for investment income
Looking for possible options with this scenario. Thanks very much.
4BR, 2BA SFR
Purchase Price $159,000
Rehab (cosmetic): $50,000
Est. As-Is Property Value: $210,000
Est. Annual Taxes: $1000
Est. Annual Insurance: $500
Objective: Purchase the property (Buy and Hold) for investment income
Looking for possible options with this scenario. Thanks very much.
Status
Closed
Created
May 21, 2024 - 9:44pm
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