Loan amount
$175,000
Loan type
Purchase
{Rent&Hold}
As-Is Property Value
$550,000
{PP:$200,000}
LTV
32%
{LTV}
Property type
Mobile Home Park
Borrower Details
Credit score
650
Deal experience
20 deals
This loan scenario was submitted by a Broker
No
Property Details
City
Guy
State
Texas
Loan Details
Purchase price
$200,000
Down payment
$25,000
Additional Loan Information
I have 11acres financed with RV park newly started with a restaurant in one of the two buildings on the property and a collision center in the other. I have purchased so far 5 RVs that are rented out . I will have 20 more by the end of the year .
Status
Open
Created
April 3, 2023 - 3:48pm
Hard Money Lenders Now Offering Real Estate Investor Loans in Texas Houston | San Antonio | Dallas | Austin | Fort Worth | El Paso Hard Money Loans | Refinance Cash-Out | Purchase | Fix-N-Flip | Commercial | Construction | SBA Business Loans