Loan amount
$28,000
Loan type
Purchase
{Fix&Flip}
After Repair Value
$100,000
{PP:$20,000}
ARV
28%
{ARV}
Property type
Other Commercial
Borrower Details
Credit score
550
Deal experience
None
This loan scenario was submitted by a Broker
No
Property Details
City
Eufaula
State
Alabama
Loan Details
Purchase price
$20,000
Down payment
$2,000
Cost of improvements
$10,000
Estimated property value after repairs
$100,000
Additional Loan Information
I am looking into buying a commercial property that has a old building on it that I would like to renovate and turn into a store.
Status
Open
Created
November 6, 2021 - 6:36pm
Hard Money Lenders Now Offering Real Estate Investor Loans in Alabama Birmingham | Montgomery | Huntsville | Mobile | Tuscaloosa | Hoover Hard Money Loans | Refinance Cash-Out | Purchase | Fix-N-Flip | Commercial | Construction | SBA Business Loans