Loan amount
$95,000
Loan type
Purchase {Fix&Flip}
After Repair Value
$200,000 {PP:$80,000}
ARV
48% {ARV}
Property type
Other Commercial
Borrower Details
Credit score
432
Deal experience
6 deals
This loan scenario was submitted by a Broker
No
Property Details
City
Knoxville
State
Tennessee
Loan Details
Purchase price
$80,000
Down payment
$5,000
Cost of improvements
$20,000
Estimated property value after repairs
$200,000
Additional Loan Information
It's a old house but the land is commercial zone so I'm just planning on knocking the house down in the property that is zoned for commercial I have to level it and do a lot of stuff to the land to make it commercial ready...
Status
Created
May 12, 2021 - 9:43am

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