Loan amount
$190,000
Loan type
Purchase
{Fix&Flip}
After Repair Value
$300,000
{PP:$150,000}
ARV
63%
{ARV}
Property type
Single Family
Borrower Details
Credit score
710
Deal experience
None
This loan scenario was submitted by a Broker
No
Property Details
City
Melbourne
State
Florida
Loan Details
Purchase price
$150,000
Down payment
$30,000
Cost of improvements
$70,000
Estimated property value after repairs
$300,000
Additional Loan Information
3-bed, 2-bath single-family home (1,200 sqft) to be purchased for $150,000, with a $70,000 renovation plan targeting key updates to the kitchen, bathrooms, flooring, and roofing. With a projected resale value of $300,000,
Status
Open
Created
July 16, 2025 - 3:06pm
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