Loan amount
$1,150,000
Loan type
Purchase
{Fix&Rent}
After Repair Value
$4,800,000
{PP:$1,050,000}
ARV
24%
{ARV}
Property type
Mobile Home Park
Borrower Details
Credit score
830
Deal experience
3 deals
This loan scenario was submitted by a Broker
No
Property Details
City
Gautier
State
Mississippi
Loan Details
Purchase price
$1,050,000
Down payment
$200,000
Cost of improvements
$300,000
Estimated property value after repairs
$4,800,000
Additional Loan Information
Greater value add opportunity. LOI signed. Moving to contract next week. Need more cash for DP and early operational expenses.
Status
Open
Created
March 31, 2022 - 11:44pm
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