Loan amount
$50,000
Loan type
Purchase {Fix&Flip}
Property value
$85,000 {PP:$10,000}
ARV
59% {ARV}
Property type
Single Family
Credit score
577
Deal experience
None
This loan scenario was submitted by a Broker
No
City
Albany
State
Georgia
Purchase price
$10,000
Down payment
$0
Cost of improvements
$40,000
Estimated property value after repairs
$85,000
Additional Loan Information
Because of relationship with Private seller, Seller is offering me this deal. Replacement of roof installation of new windows and shutters pressure washing all exterior vinyl siding, remodeling bathroom and kitchen Replacement of central air and heating installation of all new flooring, note: I've fix and flip before just not in pass 36 months, Deal presented itself ,also plan to introduce home to travel nursing community for short-term rental 1200 to 1500 monthly until resale
Status
Created
March 5, 2024 - 11:44pm

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