Loan amount
$620,000
Loan type
Purchase
{Fix&Flip}
After Repair Value
$45,000,000
{PP:$600,000}
ARV
1%
{ARV}
Property type
Industrial/Warehouse
Borrower Details
Credit score
600
Deal experience
2 deals
This loan scenario was submitted by a Broker
No
Property Details
City
North Little Rock
State
Arkansas
Loan Details
Purchase price
$600,000
Down payment
$20,000
Cost of improvements
$40,000
Estimated property value after repairs
$45,000,000
Additional Loan Information
Looking for purchase power to retain the property from older owners 100 years old and 80 years old, and put it right back on the market to flip, I am currently leasing from them with the 1st right of refusal
Status
Open
Created
April 1, 2024 - 6:16pm
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