Lien Position | 1st Trust Deed |
Loan Amount | $510,000 |
Net Interest Rate | 8.75% |
Term | I/O due in 1 year |
Type of Transaction | Residential |
Type of Loan | Fix & Flip |
Transaction Type | Purchase |
Occupancy | Investment Property |
Purchase Price | $575,000 |
As-is Value | $675,000 |
ARV | $725,000 |
Rehab Needed | $40,000 |
LTV (PP) | 88.70% |
LTV (As is) | 75.56% |
LTV (ARV) | 70.34% |
Junior/Senior Financing | No |
Type of Junior/Senior Financing |
Junior/Senior Lien Position | |
Junior/Senior Loan Amount |
Credit Score | |
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. | 1,529 |
Zillow | $628,505 |
Trulia | $ |
Redfin | $701,388 |
Bank of America |
On a Busy Street |
No |
Near Train Tracks |
No |
Near Freeway |
No |
Suburban or Rural |
Suburban |
Interest Rate | 10.00% |
Broker Service Fee | 1.25 % |
Net Rate | 8.75% |
Loan Amount | $510,000 |
Net Interest Rate | 8.75% |
Lien Position | 1st Trust Deed |
Term | I/O due in 1 year |
Purchase Price | $575,000 |
As-is Value | $675,000 |
LTV (As Is) | 75.56% |
Type of Loan | Fix & Flip |
Transaction Type | Purchase |
Occupancy | Investment Property |
Appraisal | |
BPO | (Click to Download) |
Appraisal Review |
MLS Listing - Before | |
MLS Listing - After | |
Comps |
If you have a question about the transaction process general inquiry, Premier Money Source will be happy to help.