Loan amount
$250,000
Loan type
Purchase
{Fix&Flip}
After Repair Value
$680,000
{PP:$350,000}
ARV
37%
{ARV}
Property type
Other Commercial
Borrower Details
Credit score
580
Deal experience
1 deal
This loan scenario was submitted by a Broker
No
Property Details
City
Lynchburg
State
South Carolina
Loan Details
Purchase price
$350,000
Down payment
$160,000
Cost of improvements
$60,000
Estimated property value after repairs
$680,000
Additional Loan Information
78 acre run down farm with 2200 sqft home and over 5000sqft of out buildings ie barns work shop large cement block entertaining building. Under contract with a down payment o$160,000
Status
Open
Created
July 7, 2021 - 11:03am
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