Loan amount
$250,000
Loan type
Refinance
{Construction}
After Repair Value
$500,000
ARV
50%
{ARV}
Property type
Single Family
Borrower Details
Credit score
730
Deal experience
3 deals
This loan scenario was submitted by a Broker
No
Property Details
City
Minocqua
State
Wisconsin
Loan Details
Current mortgage balance
$0
Cost of improvements
$250,000
Estimated property value after repairs
$500,000
Additional Loan Information
Mid construction custom home. Property is free and clear. Shell is complete and all mechanicals etc. Insulated and heated. Only finishes and exterior details remain. seeking 250k to complete and sell. Have potential buyers on completion. Custom home builder. Also seek funding on other specs after this one.
Status
Open
Created
January 17, 2021 - 9:30pm
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