Loan amount
$1,000,000
Loan type
Refinance
{Construction}
After Repair Value
$2,000,000
ARV
50%
{ARV}
Property type
Other Commercial
Borrower Details
Credit score
680
Deal experience
3 deals
This loan scenario was submitted by a Broker
Yes
Property Details
City
Little Falls
State
Delaware
Loan Details
Current mortgage balance
$0
Cost of improvements
$1,000,000
Estimated property value after repairs
$2,000,000
Additional Loan Information
Construction of 31000sqft, 261 unit storage facility, plus boat and RV storage.
Status
Open
Created
March 29, 2023 - 5:42pm
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