Loan amount
$284,000
Loan type
Purchase
{Fix&Rent}
After Repair Value
$1,200,000
{PP:$45,512}
ARV
24%
{ARV}
Property type
Vacant Land
Borrower Details
Credit score
720
Deal experience
None
This loan scenario was submitted by a Broker
No
Property Details
City
Lake Elsinore
State
California
Loan Details
Purchase price
$45,512
Down payment
$4,000
Cost of improvements
$242,000
Estimated property value after repairs
$1,200,000
Additional Loan Information
Ideally build a 4 bedroom, 4 bathroom, 4 kitchen home to rent on a 3485 square foot lot. This is. A purchase of 4 total lots the other lots are 1742 square feet all next to each other which I will develop later.
Status
Open
Created
May 25, 2021 - 12:36pm
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