Loan amount
$50,000
Loan type
Refinance
{Fix&Rent}
After Repair Value
$325,000
ARV
15%
{ARV}
Property type
Industrial/Warehouse
Borrower Details
Credit score
560
Deal experience
None
This loan scenario was submitted by a Broker
No
Property Details
City
Tallahassee
State
Florida
Loan Details
Current mortgage balance
$0
Cost of improvements
$50,000
Estimated property value after repairs
$325,000
Additional Loan Information
We own the property. Our location (half mile from the State Capital) offers grants to renovate the the existing buildings. We're looking to match the grants the CRA provides in our zone. We want to renovate and lease to create a monthly residual income.
Status
Open
Created
January 20, 2022 - 5:21pm
Hard Money Lenders Now Offering Real Estate Investor Loans in Florida Orlando | Tampa | Miami | Jacksonville | Gainesville | Tallahasee Hard Money Loans | Refinance Cash-Out | Purchase | Fix-N-Flip | Commercial | Construction | SBA Business Loans