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35
Posts
3
Votes
Max Y.
  • Real Estate Lender
  • Dallas, TX
3
Votes |
35
Posts

Rehab Costs Rolled Into Loan! UpTo 90 % ARV Hard Money UpFront!

Max Y.
  • Real Estate Lender
  • Dallas, TX
Posted Apr 9 2015, 07:44

www.EZhardmoney.resqfirmllc.com

Hard Money Sample 80% Transaction below:

Here's the example deal:
Purchase Price: $100,000 (discounted As-Is-Value)
Rehab Costs: $20,000
--------
As Is Value: $112,500
Repaired Value: $150,000

Initial Loan: $90,000
Rehab Hold Back: $20,000
-------
Total Loan: $110,000

BreakDown:
As is LTV $90,000/$112,500=80%
Repaired LTV: $110,000/150,000=73%

Effective LTV 80%
-Hope this help-
Got a Deal? Need a free quote? - visit:

www.EZhardmoney.resqfirmllc.com

Got A Deal?

Contact Max: 1-877-571-0555

These are the Hard Money States others soon...
States AZ CA CO GA MI NC NV TN TX VA WA WV

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