Loan amount
$358,500
Loan type
Purchase
{Fix&Flip}
After Repair Value
$630,000
{PP:$368,000}
ARV
57%
{ARV}
Property type
Restaurant/Entertainment
Borrower Details
Credit score
670
Deal experience
4 deals
This loan scenario was submitted by a Broker
No
Property Details
City
Jonesboro
State
Georgia
Loan Details
Purchase price
$368,000
Down payment
$44,999
Cost of improvements
$35,000
Estimated property value after repairs
$630,000
Additional Loan Information
I have worked in the residential side and commercial side, of the property business for over 8years. I have invested time into five properties I have over 15years of general contracting experience. This property is on a 1acre lot with a 4400sf building, zone for C3 with construction in the area. This property has all the keys to making this a good flip.
Status
Open
Created
February 18, 2022 - 1:41am
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