Mortgage lead for Residential loan in Los Angeles, CA, 90042

Loan Request for Residential loan in Los Angeles, CA, 90042

Request #3756520 by Lender

Date Posted

9/4/2025 11:10:10 AM

Property at

Los Angeles, CA, 90042, USA Show Map

Borrower at

Property Type

Residential

Property Value

$1,200,000

Purchase Price

$465,000

Loan Request

$325,500

LTV

27.12 %

Credit Rating

660-679

Net Worth

$500,000 - $1,000,000

Loan Purpose

Purchase Fix N' Flip

Purpose

5460 Nordyke St Los Angeles, CA 90042

Purchase price $465K (this deal include 2 separate lot that is located next to each other, one has a house on it, the other is empty)
rehab $300K
6-9 momths for job completion
ARV $1,200,000 - $1,300,000 (this is for the lot that has a house on it)
the extra separated empty lot next to it is 6900 sqft that is included in the sales is worth $120,000 by itself (so with the extra lot it would be $1,320,000 - $1,420,000 for this whole deal of 2 lot)

This sales is for 2 lot, the bonus about this deal is that i get a extra separate parcel next to it for future development. The lot that has a house on it will need a full rehab. It will be strip down to the stud, and everything new put in. Please see my rehab budget.

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Loan Request for Residential loan in Los Angeles, CA, 90042