Loan amount
$1,050,000
Loan type
Purchase
{Fix&Rent}
After Repair Value
$6,000,000
{PP:$1,300,000}
ARV
18%
{ARV}
Property type
Industrial/Warehouse
Borrower Details
Credit score
675
Deal experience
15 deals
This loan scenario was submitted by a Broker
No
Property Details
City
Fall River
State
Massachusetts
Loan Details
Purchase price
$1,300,000
Down payment
$600,000
Cost of improvements
$350,000
Estimated property value after repairs
$6,000,000
Additional Loan Information
Looking for a short term bridge loan to close on the property while development plans get completed and approved.
Status
Open
Created
February 9, 2021 - 10:57am
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