Recently Funded Fix & Flip Loan In Richmond, Virginia
Loan Scenario:
Key Deal Points
| Address | Richmond, VA |
| Loan Type | Fix & Flip |
| Borrower Profile | Professional Investor |
| Property Type | Detached Single Family |
| Purchase Price | $297,000 |
| Rehab Budget | $59,616 |
| After Repair Value | $475,000 |
| Loan Amount | $331,652 |
| Loan To Cost (LTC) | 93% |
| Loan To ARV (LTARV) | 70% |
| Loan Structure | 12 Month Interest Only |
Additional Images