SC, Renovation, Purchase, $150K, FICO, 70% LTV
Posted on 3/29/2016 10:41:25 AM
I have a fix and flip property that I would also like to add a garage and a bonus room onto the existing home.
After completing the project I will rent it out and then refinance the home.
purchase price $46,500
Repair costs $70,000
Rental income $1,200
Equity remaining $37,000