Loan amount
$77,500
Loan type
Purchase
{Fix&Flip}
After Repair Value
$126,000
{PP:$50,000}
ARV
62%
{ARV}
Property type
Single Family
Borrower Details
Credit score
632
Deal experience
1 deal
This loan scenario was submitted by a Broker
No
Property Details
City
Country Club Hills
State
Illinois
Loan Details
Purchase price
$50,000
Down payment
$2,500
Cost of improvements
$30,000
Estimated property value after repairs
$126,000
Additional Loan Information
SFH, detached 2 car garage, 4bdrm, 2 full baths, 8 rooms, 1250sqft living space, 2 stories, ac needs replacing, furnace/hot water tank in very good condition, roofs 4 years old, 20000 in upgrades started, completing kitchen, both baths, new ac unit, windows, doors/casings/hardware, new sub-flooring, oak treads for stairs up to 2nd level, hardwoods through out, new wall base & quarter rounds, lighting, minor patch plastering/sanding to walls & ceilings, prime coat/two finish coats of interior paint, 2 exterior doors/storm doors & hardware, new garage door & opener, new entrance garage door & hardware, bee replacement, exterior painting to both garage/home, cut down tree at south of home, curb appeal both rear/front yards exterior lighting and maybe replacing the drive up slab from street to garage
Status
Open
Created
May 18, 2021 - 2:41pm
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