The property has a 3bed/2bath ranch house with an attached 1car garage and a 1bed/1.5bath apartment above the detached 2car garage on .89 acres. My purchase price is $173,836, the rehab is $100,000, and the ARV is $400,000. I have an approved loan amount of $152,000 + $100,000 in rehab money which is under 75% of the ARV. I need $50,000 for Closing cost and the initial start of rehab. Net profit is $150,000. invest $50K and make $12% ROI in 6 months.