Loan amount
$800,000
Loan type
Purchase
{Fix&Rent}
After Repair Value
$1,000,000
{PP:$649,900}
ARV
80%
{ARV}
Property type
Other Commercial
Borrower Details
Credit score
500
Deal experience
None
This loan scenario was submitted by a Broker
No
Property Details
City
Massillon
State
Ohio
Loan Details
Purchase price
$649,900
Down payment
$0
Cost of improvements
$150,000
Estimated property value after repairs
$1,000,000
Additional Loan Information
I’ve found a property on 5 acers with a unground pool a huge gymnasium and a 4 bedroom unit two 2 bedroom units. And a1 bedroom unit that I’d like to turn into a air bnb/event center I know I don’t have experience but I’m certain this is going to make money right now I’m just in the looking process until I can find some funding
Status
Open
Created
January 31, 2022 - 1:40pm
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