Loan amount
$50,000
Loan type
Purchase
{Construction}
After Repair Value
$179,999
{PP:$1}
ARV
28%
{ARV}
Property type
Vacant Land
Borrower Details
Credit score
600
Deal experience
1 deal
This loan scenario was submitted by a Broker
No
Property Details
City
Foley
State
Alabama
Loan Details
Down payment
$1
Cost of improvements
$50,000
Estimated property value after repairs
$179,999
Additional Loan Information
Approved for 180800 by SBA Bank details have created a delay of approximately 30 days. Loan documents can be provided as proof of collateral . This will be a bridge to purchase for myself and son.
Status
Open
Created
April 30, 2022 - 8:48pm
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