Loan amount
$375,000
Loan type
Purchase {Rent&Hold}
As-Is Property Value
$1,500,000 {PP:$375,000}
LTV
25% {LTV}
Property type
Other Commercial
Borrower Details
Credit score
550
Deal experience
4 deals
This loan scenario was submitted by a Broker
No
Property Details
City
Mount Orab, OH
State
Ohio
Loan Details
Purchase price
$375,000
Down payment
$0
Additional Loan Information
There is around 25 acres of commercial land for sale and it could easily be flipped for a large profit. Mount Orab is growing and has several large company's looking to expand is the area. DR Horton is building a large subdivision a few miles away and a New Purina Plant is about to open that is offering hundreds of jobs 15 miles away.
Status
Created
August 9, 2023 - 2:00pm

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