Lien Position | 1st Trust Deed |
Loan Amount | $400,000 |
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 | $483,089 |
As-is Value | $620,000 |
ARV | $650,000 |
Rehab Needed | $50,000 |
LTV (PP) | 82.80% |
LTV (As is) | 64.52% |
LTV (ARV) | 61.54% |
Junior/Senior Financing | No |
Type of Junior/Senior Financing |
Junior/Senior Lien Position | |
Junior/Senior Loan Amount |
Credit Score | |
Foreclosure | |
Bankruptcy |
Closed Flips YTD | |
Closed Flips Lifetime | |
Investment Properties Owned |
Property Type | SFR |
Number of Units | 1 |
Bedrooms / Bathrooms | 3/1 |
Building Sq. Ft. | 1,469 |
Zillow | $475,867 |
Trulia |
Redfin | |
Bank of America |
On a Busy Street |
Yes |
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 | $400,000 |
Net Interest Rate | 8.75% |
Lien Position | 1st Trust Deed |
Term | I/O due in 1 year |
Purchase Price | $483,089 |
As-is Value | $620,000 |
LTV (As Is) | 64.52% |
Type of Loan | Fix & Flip |
Transaction Type | Purchase |
Occupancy | Investment Property |
Appraisal | |
BPO | |
Appraisal Review | (Click to Download) |
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.