Loan amount
$98,500
Loan type
Purchase
{Construction}
After Repair Value
$240,000
{PP:$20,000}
ARV
41%
{ARV}
Property type
Single Family
Borrower Details
Credit score
560
Deal experience
1 deal
This loan scenario was submitted by a Broker
No
Property Details
City
Indianapolis
State
Indiana
Loan Details
Purchase price
$20,000
Down payment
$6,500
Cost of improvements
$85,000
Estimated property value after repairs
$240,000
Additional Loan Information
Looking to build a two bedroom two bathroom home from the ground up currently have a lot we own already looking for a lender that can finance. Our project in the area are from $150-$280,000.
Status
Open
Created
December 29, 2023 - 3:49am
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