Loan amount
$68,000
Loan type
As-Is Property Value
$200,000
LTV
34%
{LTV}
Property type
Commercial (conversion)
Borrower Details
Credit score
807
Deal experience
5 deals
This loan scenario was submitted by a Broker
Property Details
State
Texas
Loan Details
Additional Loan Information
Transform to residential. 3000 sqft building with 912 sqft office space. Purchase price $85K. Renovation budget $35-50K. Timeline 3-6 months. ARV $200K. Owner-occupied. Already under contract. Property located in Coldspring, TX.
Status
Closed
Created
April 10, 2020 - 11:49am
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