Loan amount
$1,600,000
Loan type
Purchase
{Construction}
After Repair Value
$2,500,000
{PP:$1,600,000}
ARV
64%
{ARV}
Property type
Other Commercial
Borrower Details
Credit score
710
Deal experience
5 deals
This loan scenario was submitted by a Broker
No
Property Details
City
Brooklyn
State
Maryland
Loan Details
Purchase price
$1,600,000
Down payment
$350,000
Cost of improvements
$350,000
Estimated property value after repairs
$2,500,000
Additional Loan Information
Expanding my towing business that is built on Geico, allstate, AAA etc. looking to combine my businesses into one facility. Been in the business for 7 years.
Status
Open
Created
December 30, 2021 - 5:24pm
Hard Money Lenders Now Offering Real Estate Investor Loans in Maryland Baltimore | Frederick | Rockville | Gaithersburg | Bowie | Hagerstown Hard Money Loans | Refinance Cash-Out | Purchase | Fix-N-Flip | Commercial | Construction | SBA Business Loans