Loan amount
$200,000
Loan type
Refinance
{Construction}
After Repair Value
$350,000
ARV
57%
{ARV}
Property type
Single Family
Borrower Details
Credit score
670
Deal experience
2 deals
This loan scenario was submitted by a Broker
No
Property Details
City
Waterboro
State
Maine
Loan Details
Current mortgage balance
$0
Cost of improvements
$200,000
Estimated property value after repairs
$350,000
Additional Loan Information
I have a 0.5-acre Lot in Waterboro Maine; I am looking to build an experience-based project in the area that can be used as Airbnb and can be sold in the future to generate profits.
Status
Open
Created
January 16, 2023 - 1:31pm
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