Loan amount
$180,000
Loan type
Refinance
{Construction}
After Repair Value
$380,000
ARV
47%
{ARV}
Property type
Multi-Family 1-4 Units
Borrower Details
Credit score
620
Deal experience
5 deals
This loan scenario was submitted by a Broker
No
Property Details
City
Chicago
State
Illinois
Loan Details
Current mortgage balance
$100,000
Cost of improvements
$80,000
Estimated property value after repairs
$380,000
Additional Loan Information
I currently own the 3 unit property free and clear. We are doing a partnership buyout at $100,000 and a construction loan at $80,000 Looking to refi. Property ARV $380,000
Status
Open
Created
November 25, 2022 - 11:55pm
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