Loan amount
$14,400,000
Loan type
Purchase
{Fix&Flip}
After Repair Value
$40,000,000
{PP:$14,000,000}
ARV
36%
{ARV}
Property type
Hotel
Borrower Details
Credit score
514
Deal experience
2 deals
This loan scenario was submitted by a Broker
No
Property Details
City
Davenport
State
Florida
Loan Details
Purchase price
$14,000,000
Down payment
$100,000
Cost of improvements
$500,000
Estimated property value after repairs
$40,000,000
Additional Loan Information
150 keys to be converted into senior condos. Selling 150 condos each .
Status
Open
Created
April 2, 2024 - 5:37pm
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