Loan amount
$1,940,000
Loan type
Purchase
{Fix&Rent}
After Repair Value
$2,799,997
{PP:$1,240,000}
ARV
69%
{ARV}
Property type
Multi-Family 1-4 Units
Borrower Details
Credit score
720
Deal experience
4 deals
This loan scenario was submitted by a Broker
No
Property Details
City
NEW YORK
State
New York
Loan Details
Purchase price
$1,240,000
Down payment
$0
Cost of improvements
$700,000
Estimated property value after repairs
$2,799,997
Additional Loan Information
Experienced historic townhouse investor here seeking financing on a compelling 3 family townhouse opportunity in Brooklyn New York. Purchase Price of $1,240,000 with $700,000 rehab and ARV of $2,800,000. Very similar type figures and scale of projects to the most recent two successful Investments.
Status
Closed
Created
February 12, 2021 - 1:28am
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