Purchase and Flip
2 Bedroom / 1 Bathroom; 1,050 Sq. Ft.; 5,000 Sq. Ft. Lot; Year Built 1939
The purchase price for the subject property the borrower bought was $630,000.
The borrower plans on investing $70,000 into the remodel.
Once construction is completed, the borrower expects to resell the property for $850,000.
Proceeds from the sale will be used to pay off our loan in full.