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Fix & Flip Loans
How is the ARV calculated?
The ARV is calculated by considering the current market value of comparable properties in the area, the estimated cost of renovations, and the property's potential value after improvements.
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Related Questions
What is a fix and flip loan?
A fix and flip loan is a type of short-term loan used to finance the purchase and renovation of a property with the inte...
How do fix and flip loans work?
Fix and flip loans provide the funds needed to purchase a property and cover the costs of renovations. Once the renovati...
What are the eligibility requirements for a fix and flip loan?
Eligibility requirements vary by lender, but generally include a credit score of 620 or higher, a down payment of 10-20%...