Loan amount
$750,000
Loan type
Purchase {Fix&Rent}
After Repair Value
$1,500,000 {PP:$750,000}
ARV
50% {ARV}
Property type
Single Family
Borrower Details
Credit score
670
Deal experience
1 deal
This loan scenario was submitted by a Broker
No
Property Details
City
Sierra Vista
State
Arizona
Loan Details
Purchase price
$750,000
Down payment
$100,000
Cost of improvements
$100,000
Estimated property value after repairs
$1,500,000
Additional Loan Information
I want to turn this well-established award-winning bnb into a glamping resort. It sits on 5 acres with the San Pedro River running through it. Nature Conservation area of 57000 acres right to its property line. 4853 sq. ft. home with 6 bedrooms and 4 baths, with a pool. This is certainly a one-of-a-kind property that very rarely becomes available. I have it under contract.
Status
Created
November 11, 2023 - 6:59pm

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