Loan amount
$350,000
Loan type
Purchase
{Fix&Flip}
After Repair Value
$1,500,000
{PP:$250,000}
ARV
23%
{ARV}
Property type
Hotel
Borrower Details
Credit score
550
Deal experience
None
This loan scenario was submitted by a Broker
No
Property Details
City
Minot
State
North Dakota
Loan Details
Purchase price
$250,000
Down payment
$0
Cost of improvements
$100,000
Estimated property value after repairs
$1,500,000
Additional Loan Information
To fix and flip a 14 bedroom 7and half bath venue overlooking downtown minot nd
Status
Open
Created
April 5, 2021 - 10:30pm
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