Loan amount
$380,000
Loan type
Purchase
{Construction}
After Repair Value
$495,000
{PP:$340,000}
ARV
77%
{ARV}
Property type
Single Family
Borrower Details
Credit score
550
Deal experience
None
This loan scenario was submitted by a Broker
No
Property Details
City
Sioux Falls
State
South Dakota
Loan Details
Purchase price
$340,000
Down payment
$50,000
Cost of improvements
$90,000
Estimated property value after repairs
$495,000
Additional Loan Information
Brand New Home, finish off lower level with 2 bedrooms, and full 4pc Bath, Finished Rec room with/fireplace, bar, theater room.
Status
Open
Created
March 9, 2024 - 12:57pm
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