Loan amount
$150,000
Loan type
Refinance
{Construction}
After Repair Value
$290,000
ARV
52%
{ARV}
Property type
Single Family
Borrower Details
Credit score
570
Deal experience
7 deals
This loan scenario was submitted by a Broker
No
Property Details
City
Buckeye
State
Arizona
Loan Details
Current mortgage balance
$60,000
Cost of improvements
$90,000
Estimated property value after repairs
$290,000
Additional Loan Information
Ground up new build residential home on a 1 acre lot. There is 2.5 acres so I will be building two homes. One home per acre. New build properties sold from $650k to $750k in that area.
Status
Open
Created
January 3, 2024 - 11:46am
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