Loan amount
$420,000
Loan type
Purchase
{Fix&Rent}
After Repair Value
$575,000
{PP:$400,000}
ARV
73%
{ARV}
Property type
Fitness Center
Borrower Details
Credit score
823
Deal experience
None
This loan scenario was submitted by a Broker
No
Property Details
City
Fort Worth
State
Texas
Loan Details
Purchase price
$400,000
Down payment
$80,000
Cost of improvements
$100,000
Estimated property value after repairs
$575,000
Additional Loan Information
Turning an old church building into an exclusive sports training, corrective exercise, and soft tissue treatment facility for college and professional athletes.
I am a Netherlands-educated PT, a USA-licensed massage therapist, and a personal trainer. I have worked with European soccer stars (all over Europe), NFL and MLB players, Olympic and college athletes, and others. For about 15 years, I owned/ran an SMC (Sports Medical Center) close to Amsterdam, the Netherlands. I used to franchise my treatment/training method to physiotherapists.
I am a Netherlands-educated PT, a USA-licensed massage therapist, and a personal trainer. I have worked with European soccer stars (all over Europe), NFL and MLB players, Olympic and college athletes, and others. For about 15 years, I owned/ran an SMC (Sports Medical Center) close to Amsterdam, the Netherlands. I used to franchise my treatment/training method to physiotherapists.
Status
Open
Created
January 27, 2022 - 6:09pm
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