Loan amount
$950,000
Loan type
Purchase
{Construction}
After Repair Value
$2,000,000
{PP:$1,050,000}
ARV
48%
{ARV}
Property type
Vacant Land
Borrower Details
Credit score
746
Deal experience
6 deals
This loan scenario was submitted by a Broker
Yes
Property Details
City
Honolulu
State
Hawaii
Loan Details
Purchase price
$1,050,000
Down payment
$500,000
Cost of improvements
$400,000
Estimated property value after repairs
$2,000,000
Additional Loan Information
Purchase vacant land located on Oahu with utilities on street. Build a SFR and ADU and rent them out. Refinance to permanent financing.
Status
Open
Created
June 30, 2021 - 6:02pm
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