Loan amount
$330,000
Loan type
Purchase
{Fix&Rent}
After Repair Value
$600,000
{PP:$300,000}
ARV
55%
{ARV}
Property type
Restaurant/Entertainment
Borrower Details
Credit score
600
Deal experience
2 deals
This loan scenario was submitted by a Broker
No
Property Details
City
Mountain Home
State
Arkansas
Loan Details
Purchase price
$300,000
Down payment
$20,000
Cost of improvements
$50,000
Estimated property value after repairs
$600,000
Additional Loan Information
Own my own business- high volume restaurant in smaller town, established 5 years now, urgently in leased building. Want to move to town square where entertainment district is starting. Available building is empty and need’s remodel but in ideal location and property worth will continue to go up as district is built up
Status
Open
Created
April 25, 2023 - 6:14pm
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