Loan amount
$240,500
Loan type
Purchase
{Construction}
After Repair Value
$540,000
{PP:$540,000}
ARV
44%
{ARV}
Property type
Vacant Land
Borrower Details
Credit score
661
Deal experience
2 deals
This loan scenario was submitted by a Broker
No
Property Details
City
Pennsville
State
New Jersey
Loan Details
Purchase price
$540,000
Down payment
$300,000
Estimated property value after repairs
$540,000
Additional Loan Information
Prime developable vacant land consisting of multple contiguous parcels totaling approximately 40 acres. Serviced by municipal water and sewer, natural gas and electric services. Property has in excess of 1500 feet road frontage. No negative environment issues.
Status
Open
Created
July 27, 2023 - 3:40pm
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