Loan amount
$3,175,000
Loan type
Purchase
{Fix&Rent}
After Repair Value
$4,000,000
{PP:$2,900,000}
ARV
79%
{ARV}
Property type
Multi-Family 1-4 Units
Borrower Details
Credit score
730
Deal experience
None
This loan scenario was submitted by a Broker
Yes
Property Details
City
Louisville
State
Kentucky
Loan Details
Purchase price
$2,900,000
Down payment
$30
Cost of improvements
$275,000
Estimated property value after repairs
$4,000,000
Additional Loan Information
This is a unique property 2 mansions adjoined total of 30,000 square feet- 16,000 residential the other 14,000 is office space rented to the VA for $8,000 per month. Also, has two carriage house one with two apartments and the one is gutted. All on one lot
Status
Open
Created
February 3, 2023 - 9:37am
Hard Money Lenders Now Offering Real Estate Investor Loans in Kentucky Louisville | Lexington | Bowling Green | Owensboro | Covington | Richmond Hard Money Loans | Refinance Cash-Out | Purchase | Fix-N-Flip | Commercial | Construction | SBA Business Loans