Loan amount
$105,000
Loan type
Purchase
{Fix&Rent}
After Repair Value
$200,000
{PP:$75,000}
ARV
53%
{ARV}
Property type
Single Family
Borrower Details
Credit score
650
Deal experience
None
This loan scenario was submitted by a Broker
No
Property Details
City
Cleveland
State
Tennessee
Loan Details
Purchase price
$75,000
Down payment
$10,000
Cost of improvements
$40,000
Estimated property value after repairs
$200,000
Additional Loan Information
We are a new couple looking to get into real estate. We are currently looking for HOME RUN DEALS and have just started analyzing properties. We are open to several plans, but really like the idea of acquiring properties to airbnb.
Status
Closed
Created
August 13, 2021 - 5:56pm
Hard Money Lenders Now Offering Real Estate Investor Loans in Tennessee Nashville | Memphis | Knoxville | Chattanooga | Clarksville | Murfreesboro Hard Money Loans | Refinance Cash-Out | Purchase | Fix-N-Flip | Commercial | Construction | SBA Business Loans