Loan amount
$174,000
Loan type
Purchase {Construction}
After Repair Value
$200,000 {PP:$35,000}
ARV
87% {ARV}
Property type
Vacant Land
Borrower Details
Credit score
635
Deal experience
None
This loan scenario was submitted by a Broker
No
Property Details
City
Bedford
State
Pennsylvania
Loan Details
Purchase price
$35,000
Down payment
$11,000
Cost of improvements
$150,000
Estimated property value after repairs
$200,000
Additional Loan Information
Purchase a 4 acre lot. Sell the timber on the property. Installing a well and septic. Have electric ran to the lot. Then construct a home.
Status
Created
April 27, 2022 - 11:10am

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