Loan amount
$140,000
Loan type
Purchase {Construction}
After Repair Value
$250,000 {PP:$40,000}
ARV
56% {ARV}
Property type
Single Family
Borrower Details
Credit score
600
Deal experience
None
This loan scenario was submitted by a Broker
No
Property Details
City
Hot Springs
State
Arkansas
Loan Details
Purchase price
$40,000
Down payment
$10,000
Cost of improvements
$110,000
Estimated property value after repairs
$250,000
Additional Loan Information
I have small equity in land 4.6 acres. I wish to build a home without banks or major contractors. I already have plans, and i was a home builder for 15 years. Trying to save cost.
Status
Created
February 17, 2022 - 4:23pm

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