Loan amount
$225,000
Loan type
Refinance
{Fix&Rent}
After Repair Value
$460,000
ARV
49%
{ARV}
Property type
Single Family
Borrower Details
Credit score
475
Deal experience
None
This loan scenario was submitted by a Broker
No
Property Details
City
Westfield
State
New Jersey
Loan Details
Current mortgage balance
$165,000
Cost of improvements
$60,000
Estimated property value after repairs
$460,000
Additional Loan Information
Finish basement into liveable space and rent out on yearly lease starting at $1300 a month
Status
Open
Created
February 8, 2024 - 5:23am
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