Loan amount
$188,000
Loan type
Purchase {Fix&Flip}
After Repair Value
$300,000 {PP:$135,000}
ARV
63% {ARV}
Property type
Multi-Family 1-4 Units
Borrower Details
Credit score
790
Deal experience
4 deals
This loan scenario was submitted by a Broker
No
Property Details
City
High Point
State
North Carolina
Loan Details
Purchase price
$135,000
Down payment
$27,000
Cost of improvements
$80,000
Estimated property value after repairs
$300,000
Additional Loan Information
Two separate properties are being purchased under the same contact. The properties are side by side. One is single family and the other is a duplex. Both require $40,000 in rehab.
Status
Created
December 7, 2023 - 2:51pm

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