Loan amount
$115,000
Loan type
Purchase
{Fix&Rent}
After Repair Value
$350,000
{PP:$115,000}
ARV
33%
{ARV}
Property type
Other Commercial
Borrower Details
Credit score
620
Deal experience
5 deals
This loan scenario was submitted by a Broker
No
Property Details
City
Ontonagon
State
Michigan
Loan Details
Purchase price
$115,000
Down payment
$10,000
Cost of improvements
$10,000
Estimated property value after repairs
$350,000
Additional Loan Information
Convert old lumberyard to storage units and large event vrbo. I own 5 houses all paid off
Status
Open
Created
December 31, 2021 - 10:37pm
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