Loan amount
$50,000
Loan type
Refinance
{Fix&Flip}
After Repair Value
$120,000
ARV
42%
{ARV}
Property type
Other Commercial
Borrower Details
Credit score
650
Deal experience
None
This loan scenario was submitted by a Broker
No
Property Details
City
Greenview
State
Illinois
Loan Details
Current mortgage balance
$0
Cost of improvements
$50,000
Estimated property value after repairs
$120,000
Additional Loan Information
20'w- 80'l metal frame building for my construction shop and then a 2 story brick building with a 900 sqft 2 bedroom apt upstairs, 900 sqft soon to be coffee shop on main floor and then 2 buildings attached to brick building that will be a efficiency apartment for one of my employees.
Status
Open
Created
March 1, 2024 - 5:10pm
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