Loan amount
$125,000
Loan type
Purchase
{Construction}
After Repair Value
$200,000
{PP:$50,000}
ARV
63%
{ARV}
Property type
Industrial/Warehouse
Borrower Details
Credit score
745
Deal experience
None
This loan scenario was submitted by a Broker
No
Property Details
City
Swan
State
Iowa
Loan Details
Purchase price
$50,000
Down payment
$25,000
Cost of improvements
$100,000
Estimated property value after repairs
$200,000
Additional Loan Information
I own land valued around 25000 and need to build a $100000 building on it, for my scrap metal company. My credit has no durrogatory marks, and (never will!!) I just don't fit the income the major banks want to see...
Status
Open
Created
April 10, 2021 - 10:26pm
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