Loan amount
$38,000
Loan type
Purchase
{Fix&Rent}
After Repair Value
$150,000
{PP:$25,000}
ARV
25%
{ARV}
Property type
Mobile Home Park
Borrower Details
Credit score
550
Deal experience
5 deals
This loan scenario was submitted by a Broker
No
Property Details
City
Rivera Beach
State
Florida
Loan Details
Purchase price
$25,000
Down payment
$2,000
Cost of improvements
$15,000
Estimated property value after repairs
$150,000
Additional Loan Information
I recently purchased 5 mobile homes that i split in multiple units each one and increasing my monthly profit margins by 200% on each. I want to purchase additional homes to remodel, add to my portfolio and looking to borrow to fulfil my vision.
Status
Open
Created
January 19, 2022 - 11:13pm
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