Loan amount
$1,940,000
Loan type
Purchase
{Fix&Rent}
After Repair Value
$2,600,000
{PP:$1,600,000}
ARV
75%
{ARV}
Property type
Multi-Family 5+ Units
Borrower Details
Credit score
625
Deal experience
2 deals
This loan scenario was submitted by a Broker
No
Property Details
City
Helix
State
Tennessee
Loan Details
Purchase price
$1,600,000
Down payment
$320,000
Cost of improvements
$660,000
Estimated property value after repairs
$2,600,000
Additional Loan Information
22 units Multi- Family, 100% occupied, performing asset
Status
Open
Created
February 15, 2021 - 4:15pm
Hard Money Lenders Now Offering Real Estate Investor Loans in Tennessee Nashville | Memphis | Knoxville | Chattanooga | Clarksville | Murfreesboro Hard Money Loans | Refinance Cash-Out | Purchase | Fix-N-Flip | Commercial | Construction | SBA Business Loans