Loan amount
$26,000,000
Loan type
Purchase
{Construction}
After Repair Value
$35,000,000
{PP:$7,500,000}
ARV
74%
{ARV}
Property type
Industrial/Warehouse
Borrower Details
Credit score
620
Deal experience
3 deals
This loan scenario was submitted by a Broker
No
Property Details
City
EVERGREEN
State
Alabama
Loan Details
Purchase price
$7,500,000
Down payment
$500,000
Cost of improvements
$19,000,000
Estimated property value after repairs
$35,000,000
Additional Loan Information
MIXED USE DEVELOMENT OF 811 ACRES LAND. INCENTIVES AND 50 % EQUITY UPON PURCHASE
Status
Open
Created
October 7, 2021 - 10:25am
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