Loan amount
$140,000
Loan type
Purchase {Construction}
After Repair Value
$300,000 {PP:$22,000}
ARV
47% {ARV}
Property type
Vacant Land
Borrower Details
Credit score
580
Deal experience
1 deal
This loan scenario was submitted by a Broker
No
Property Details
City
Ellijay
State
Georgia
Loan Details
Purchase price
$22,000
Down payment
$32,000
Cost of improvements
$150,000
Estimated property value after repairs
$300,000
Additional Loan Information
We paid cash for the 2.06 acre lot in Coosawattee River Resort to build a log cabin. We paid cash down payment on the log cabin kit. To complete project will be $150,000.
Status
Created
March 28, 2022 - 6:08pm

Hard Money Lenders Now Offering Real Estate Investor Loans in Georgia Atlanta | Augusta | Columbus | Macon | Savannah | Athens Hard Money Loans | Refinance Cash-Out | Purchase | Fix-N-Flip | Commercial | Construction | SBA Business Loans