Loan amount
$127,500
Loan type
Purchase
{Construction}
After Repair Value
$250,000
{PP:$125,000}
ARV
51%
{ARV}
Property type
Vacant Land
Borrower Details
Credit score
700
Deal experience
1 deal
This loan scenario was submitted by a Broker
No
Property Details
City
SUN VALLEY
State
Nevada
Loan Details
Purchase price
$125,000
Down payment
$2,500
Cost of improvements
$5,000
Estimated property value after repairs
$250,000
Additional Loan Information
I own a mobile home and live on a rented piece of land and that piece of land has come for sale and I would like to buy it. After I buy it I will tie down my mobile home making it real property and refinance and that will allow me to pay off this land loan.
Status
Open
Created
February 11, 2022 - 10:24am
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