Loan amount
$300,500
Loan type
Purchase {Construction}
After Repair Value
$500,000 {PP:$120,000}
ARV
60% {ARV}
Property type
Vacant Land
Borrower Details
Credit score
600
Deal experience
3 deals
This loan scenario was submitted by a Broker
No
Property Details
City
Detriot
State
Michigan
Loan Details
Purchase price
$120,000
Down payment
$20,000
Cost of improvements
$200,001
Estimated property value after repairs
$500,000
Additional Loan Information
Looking to building 10 tiny homes in the state of Michigan with 10 arces of land .

Project will take 6 months to complete
Status
Created
February 17, 2023 - 11:47am

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