Loan amount
$525,000
Loan type
Refinance {Construction}
After Repair Value
$1,250,000
ARV
42% {ARV}
Property type
Other Commercial
Borrower Details
Credit score
550
Deal experience
6 deals
This loan scenario was submitted by a Broker
No
Property Details
City
St Louis
State
Missouri
Loan Details
Current mortgage balance
$258,000
Cost of improvements
$267,000
Estimated property value after repairs
$1,250,000
Additional Loan Information
Remodeling night club (lounge) and adding restaurant to the second floor
Status
Created
November 25, 2021 - 10:25pm

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