Loan amount
$400,000
Loan type
Purchase
{Construction}
Property value
$1,000,000
{PP:$0}
ARV
40%
{ARV}
Property type
Other Commercial
Credit score
710
Deal experience
3 deals
This loan scenario was submitted by a Broker
No
State
Oklahoma
Down payment
$0
Additional Loan Information
This is an investment in an existing set of three oil wells. The wells will yield an ROI in about one year and the wells have an approximate three and a half years of oil production. I am investing 100 k in this project myself showing my personal investment in this project. Loan payback will be quick in light of the fast ROI.
Status
Open
Created
December 16, 2020 - 8:59pm
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