Loan amount
$40,000
Loan type
Purchase {Construction}
After Repair Value
$125,000 {PP:$86,000}
ARV
32% {ARV}
Property type
Vacant Land
Borrower Details
Credit score
620
Deal experience
None
This loan scenario was submitted by a Broker
No
Property Details
City
Florence
State
Mississippi
Loan Details
Purchase price
$86,000
Down payment
$86,000
Cost of improvements
$40,000
Estimated property value after repairs
$125,000
Additional Loan Information
Building a long driveway, ditching, dirtwork and groveling. Building a fence along one side to divide easement from someone else's property
Status
Created
November 29, 2021 - 5:23pm

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