Loan amount
$2,300,000
Loan type
Purchase
{Construction}
After Repair Value
$4,200,000
{PP:$1,800,000}
ARV
55%
{ARV}
Property type
Multi-Family 1-4 Units
Borrower Details
Credit score
500
Deal experience
None
This loan scenario was submitted by a Broker
No
Property Details
City
South Ozone Park
State
New York
Loan Details
Purchase price
$1,800,000
Down payment
$400,000
Cost of improvements
$900,000
Estimated property value after repairs
$4,200,000
Additional Loan Information
3 new 2 family house... 2400sf, 3000sf, and 3000sf.
Status
Open
Created
April 11, 2023 - 4:46pm
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