Estimated Closing Date: 09/11/2020
Kassabian Ave. Las Vegas, Nevada
Unit Size: 2,207 sq ft 4 Bedroom 2 1/2 Bath
Loan Amount: $195,000.00 – ($85 a sq foot)
Approximate Value: $236,000 Assigned Purchase Contract
Loan to Value: 82.5% based on purchase price
Loan Term: 12 Months w/ 3 Months Guaranteed
Payments: Interest Only Payments
Property Zoning: Single Family Residential
Other useful information for the Investor: Well maintained single family home built in 1962. Total of 4 bedrooms and 2 1/2 bathroom. The property sits on approximately .14 Acres (6,098 sq ft) and has a converted 2 car garage.
Fix & Flip Borrowers repair estimate ($35,000.00) are mostly cosmetic, bathroom repairs/ upgrades, counter tops, dry wall repairs, paint interior & exterior with new flooring. Also wants to convert the garage back.
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