Loan amount
$315,000
Loan type
Purchase
{Fix&Flip}
After Repair Value
$425,000
{PP:$300,000}
ARV
74%
{ARV}
Property type
Single Family
Borrower Details
Credit score
650
Deal experience
1 deal
This loan scenario was submitted by a Broker
No
Property Details
City
Randallstown
State
Maryland
Loan Details
Purchase price
$300,000
Down payment
$35,000
Cost of improvements
$50,000
Estimated property value after repairs
$425,000
Additional Loan Information
Single family home needs kitchen and bathroom upgrades and cosmetic work to make it shine. Looking to get a pre approval and proof of funds to get the home in contract with the seller. The exit for this home is fix and sell. I have completed one fixer upper and the completed home is currently listed for sale.
Status
Pending review: Please check your email. We will be sending you follow-up questions, if needed. Be sure to check your spam folder.
Created
March 3, 2024 - 8:43am
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