Loan amount
$360,000
Loan type
Purchase {Construction}
After Repair Value
$1,000,000 {PP:$75,000}
ARV
36% {ARV}
Property type
Vacant Land
Borrower Details
Credit score
600
Deal experience
10 deals
This loan scenario was submitted by a Broker
No
Property Details
City
Menomonee
State
Michigan
Loan Details
Purchase price
$75,000
Down payment
$15,000
Cost of improvements
$300,000
Estimated property value after repairs
$1,000,000
Additional Loan Information
Development of beachfront property
Status
Created
June 29, 2022 - 5:15pm

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