Loan amount
$50,000
Loan type
Purchase {Construction}
Property value
$250,000 {PP:$2,500}
ARV
20% {ARV}
Property type
Multi-Family 5+ Units
Credit score
750
Deal experience
1 deal
This loan scenario was submitted by a Broker
No
City
Detriot
State
North Dakota
Purchase price
$2,500
Down payment
$2,500
Cost of improvements
$50,000
Estimated property value after repairs
$250,000
Additional Loan Information
2500$ HUD 13 unit 18 bedroom and 13 bathroom project in Wildmere park Detroit. Seeking construction loan for 5 years for 50,000 dollar at 8% interest. The building need new roofing, flooring, wall redone, bathroom renovated and new paint.
Status
Created
February 10, 2021 - 6:35pm

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