Loan amount
$251,000
Loan type
Purchase {Fix&Flip}
Property value
$375,000 {PP:$75,000}
ARV
67% {ARV}
Property type
Single Family
Credit score
680
Deal experience
2 deals
This loan scenario was submitted by a Broker
No
City
Houston
State
Texas
Purchase price
$75,000
Down payment
$40,000
Cost of improvements
$216,000
Estimated property value after repairs
$375,000
Additional Loan Information
Ground up construction of 12 single family homes. Subdivision is called indus Oak Residence in Highland Heights. The numbers above are of 1 sfh. Land has been acquired, platted with city, permits are underway, gc has signed the contract to build.
Status
Created
November 27, 2023 - 2:10am

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