Loan amount
$0
Loan type
Refinance
{Construction}
After Repair Value
$1
ARV
0%
{ARV}
Property type
Single Family
Borrower Details
Credit score
670
Deal experience
5 deals
This loan scenario was submitted by a Broker
No
Property Details
State
Idaho
Loan Details
Current mortgage balance
$0
Additional Loan Information
I currently have a new 1200 sq ft ADU on 10 amazing view acres. Current market value is about 435k according to real estate agent. I only owe 145k. Would like to get the additional 170k
to buold a 2800sqft home. I have approved plans and am ready to start. I need 170k for labor and materials. I am a general contractor with 20+years of experience The completed house on property with ADU will be worth 700-800k when completed. Approximate time 1 year
to buold a 2800sqft home. I have approved plans and am ready to start. I need 170k for labor and materials. I am a general contractor with 20+years of experience The completed house on property with ADU will be worth 700-800k when completed. Approximate time 1 year
Status
Closed
Created
December 2, 2020 - 4:30pm
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