Loan amount
$280,000
Loan type
Purchase
{Construction}
After Repair Value
$410,000
{PP:$60,000}
ARV
68%
{ARV}
Property type
Single Family
Borrower Details
Credit score
665
Deal experience
2 deals
This loan scenario was submitted by a Broker
No
Property Details
City
Clarkston
State
Michigan
Loan Details
Purchase price
$60,000
Down payment
$20,000
Cost of improvements
$240,000
Estimated property value after repairs
$410,000
Additional Loan Information
Ground up construction. I have the lot, balanced owed $60,000. Build and sell.
Status
Open
Created
March 13, 2024 - 3:50pm
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