Loan amount
$5,000,000
Loan type
Purchase
{Construction}
After Repair Value
$15,000,000
{PP:$1,000,000}
ARV
33%
{ARV}
Property type
Other Commercial
Borrower Details
Credit score
600
Deal experience
35 deals
This loan scenario was submitted by a Broker
No
Property Details
City
Houston
State
Texas
Loan Details
Purchase price
$1,000,000
Down payment
$0
Cost of improvements
$4,000,000
Estimated property value after repairs
$15,000,000
Additional Loan Information
Boat and Rv mini storage warehouse. Targeting wealthy middle income consumers to put their toys in safe storage. Motorhomes, RV, Boats & Etc. I have 35 yrs. experience in building and developing Real Estate.
Status
Open
Created
March 16, 2022 - 6:04am
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