Loan amount
$5,980,000
Loan type
Purchase
{Fix&Rent}
Property value
$6,200,000
{PP:$5,400,000}
ARV
96%
{ARV}
Property type
Hotel
Credit score
630
Deal experience
None
This loan scenario was submitted by a Broker
No
City
DELTA
State
Colorado
Purchase price
$5,400,000
Down payment
$20,000
Cost of improvements
$600,000
Estimated property value after repairs
$6,200,000
Additional Loan Information
Convert a 47 room basic amenities hotel into an augmented reality 5 star mini-resort.
Status
Pending review: Please check your email. We will be sending you follow-up questions, if needed. Be sure to check your spam folder.
Created
April 22, 2022 - 11:37pm
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