Loan amount
$2,050,000
Loan type
Purchase
{Fix&Rent}
After Repair Value
$2,300,000
{PP:$2,200,000}
ARV
89%
{ARV}
Property type
Hotel
Borrower Details
Credit score
700
Deal experience
10 deals
This loan scenario was submitted by a Broker
No
Property Details
City
Indianapolis
State
Indiana
Loan Details
Purchase price
$2,200,000
Down payment
$200,000
Cost of improvements
$50,000
Estimated property value after repairs
$2,300,000
Additional Loan Information
Buy hotel
Status
Open
Created
February 25, 2021 - 4:32pm
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