Loan amount
$200,000
Loan type
Refinance
{Fix&Flip}
After Repair Value
$1,000,000
ARV
20%
{ARV}
Property type
Restaurant/Entertainment
Borrower Details
Credit score
600
Deal experience
2 deals
This loan scenario was submitted by a Broker
No
Property Details
City
Southgate
State
Michigan
Loan Details
Current mortgage balance
$0
Cost of improvements
$200,000
Estimated property value after repairs
$1,000,000
Additional Loan Information
Commercial property storage unit conversion
Status
Open
Created
April 6, 2023 - 8:09pm
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