Lien Position | 1st Trust Deed |
Loan Amount | $360,000 |
Net Interest Rate | 8.25% |
Term | I/O due in 1 year |
Type of Transaction | Residential |
Type of Loan | Fix & Flip |
Transaction Type | Purchase |
Occupancy | Investment Property |
Purchase Price | $450,000 |
As-is Value | $475,000 |
ARV | $550,000 |
Rehab Needed | $30,000 |
LTV (PP) | 80.00% |
LTV (As is) | 75.79% |
LTV (ARV) | 65.45% |
Junior/Senior Financing | Yes |
Type of Junior/Senior Financing | Junior |
Junior/Senior Lien Position | 2nd Trust Deed |
Junior/Senior Loan Amount | $45,000.00 |
Credit Score | N/A |
Foreclosure | No |
Bankruptcy | No |
Closed Flips YTD | |
Closed Flips Lifetime | |
Investment Properties Owned |
Property Type | SFR |
Number of Units | 1 |
Bedrooms / Bathrooms | 3/2 |
Building Sq. Ft. | 1,202 |
Zillow | $449,701 |
Trulia | $0 |
Redfin | $452,344 |
Bank of America | $432,134 - $517,834 |
On a Busy Street |
No |
Near Train Tracks |
No |
Near Freeway |
No |
Suburban or Rural |
Suburban |
Interest Rate | 9.99% |
Broker Service Fee | 1.74 % |
Net Rate | 8.25% |
Loan Amount | $360,000 |
Net Interest Rate | 8.25% |
Lien Position | 1st Trust Deed |
Term | I/O due in 1 year |
Purchase Price | $450,000 |
As-is Value | $475,000 |
LTV (As Is) | 75.79% |
Type of Loan | Fix & Flip |
Transaction Type | Purchase |
Occupancy | Investment Property |
Appraisal | |
BPO | (Click to Download) |
Appraisal Review |
MLS Listing - Before | (Click to Download) |
MLS Listing - After | |
Comps |
If you have a question about the transaction process general inquiry, Premier Money Source will be happy to help.