Loan amount
$9,200,000
Loan type
Refinance
{Fix&Flip}
After Repair Value
$40,000,000
ARV
23%
{ARV}
Property type
Hotel
Borrower Details
Credit score
700
Deal experience
20 deals
This loan scenario was submitted by a Broker
No
Property Details
City
York
State
Pennsylvania
Loan Details
Current mortgage balance
$8,800,000
Cost of improvements
$400,000
Estimated property value after repairs
$40,000,000
Additional Loan Information
Restructure, remove limited partners, pay for engineering for land development and sell to developer
Status
Open
Created
November 6, 2021 - 5:11pm
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