Loan amount
$106,000
Loan type
Purchase
{Construction}
After Repair Value
$150,000
{PP:$96,000}
ARV
71%
{ARV}
Property type
Vacant Land
Borrower Details
Credit score
640
Deal experience
1 deal
This loan scenario was submitted by a Broker
No
Property Details
City
Lexington
State
Oregon
Loan Details
Purchase price
$96,000
Down payment
$5,000
Cost of improvements
$15,000
Estimated property value after repairs
$150,000
Additional Loan Information
As an excavation contractor I would like to begin developing this property out of its raw state and put utilities then divide the 27 acre property to make multiple sales.
Status
Open
Created
October 17, 2023 - 8:00pm
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