Loan amount
$68,000
Loan type
Purchase {Construction}
After Repair Value
$200,000 {PP:$9,000}
ARV
34% {ARV}
Property type
Vacant Land
Borrower Details
Credit score
550
Deal experience
1 deal
This loan scenario was submitted by a Broker
No
Property Details
City
San Luis
State
Colorado
Loan Details
Purchase price
$9,000
Down payment
$1,000
Cost of improvements
$60,000
Estimated property value after repairs
$200,000
Additional Loan Information
Solar generatorated power, eco friendly water and sewer system with relaxed zoning is a complete tranquility for this day in age.  Tesla is not far from this commute is a amazing promotion for this type of living.  Elon Musk is promoting this and as we know with his acquisition of Twitter, his influence has a huge following around the world.

I have took the time to look at all pricing of everything that would be needed for the this project. A couple a close contacts could reduce construction cost. The biggest thing for me is a little backing and time to support the project would be phenomenal.
In return would be countless investments.
Seeing this being a more affordable way to live would be more appealing to a larger crowd.

Status
Created
May 23, 2022 - 2:35pm

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