Loan amount
$56,000
Loan type
Purchase {Construction}
After Repair Value
$120,000 {PP:$60,000}
ARV
47% {ARV}
Property type
Vacant Land
Borrower Details
Credit score
586
Deal experience
1 deal
This loan scenario was submitted by a Broker
No
Property Details
City
Porter
State
Oklahoma
Loan Details
Purchase price
$60,000
Down payment
$5,000
Cost of improvements
$1,000
Estimated property value after repairs
$120,000
Additional Loan Information
I have to opportunity to purchase 20 acres at 3,000 an acre. I would like to purchase it and build me a modest home. I have a good job with great job security. The payment will be absolutely no problem.
Status
Created
March 31, 2023 - 6:19am

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