Loan amount
$220,000
Loan type
Purchase {Construction}
After Repair Value
$500,000 {PP:$10,000}
ARV
44% {ARV}
Property type
Single Family
Borrower Details
Credit score
735
Deal experience
3 deals
This loan scenario was submitted by a Broker
No
Property Details
City
Little Rock
State
Arkansas
Loan Details
Purchase price
$10,000
Down payment
$40,000
Cost of improvements
$250,000
Estimated property value after repairs
$500,000
Additional Loan Information
Construction of 2 single family homes the lot is owned and land is bring cut for footings. The project is expected to take 9 months to complete and the potential buyers have been identified
Status
Created
January 7, 2021 - 1:16pm

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