Loan amount
$360,000
Loan type
Purchase
{Construction}
After Repair Value
$1,000,000
{PP:$75,000}
ARV
36%
{ARV}
Property type
Vacant Land
Borrower Details
Credit score
600
Deal experience
15 deals
This loan scenario was submitted by a Broker
No
Property Details
City
Menomonee
State
Michigan
Loan Details
Purchase price
$75,000
Down payment
$15,000
Cost of improvements
$300,000
Estimated property value after repairs
$1,000,000
Additional Loan Information
Hi!
Developing lakefront property in upcoming area. It is land, needs to be cleared, we will pay for construction costs, need initial start up financing.
Developing lakefront property in upcoming area. It is land, needs to be cleared, we will pay for construction costs, need initial start up financing.
Status
Open
Created
June 29, 2022 - 4:44pm
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