Loan amount
$535,000
Loan type
Purchase
{Fix&Rent}
After Repair Value
$900,000
{PP:$140,000}
ARV
59%
{ARV}
Property type
Multi-Family 5+ Units
Borrower Details
Credit score
720
Deal experience
None
This loan scenario was submitted by a Broker
No
Property Details
City
Indiana
State
Pennsylvania
Loan Details
Purchase price
$140,000
Down payment
$5,000
Cost of improvements
$400,000
Estimated property value after repairs
$900,000
Additional Loan Information
Fix a 16 unit apartment building with a small coffee shop in a pre-existing restaurant setting that is in a college town. I plan to rent out all units after reqpir and add potential coffee shop
Status
Open
Created
May 2, 2024 - 12:33am
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