Loan amount
$415,000
Loan type
Purchase
{Fix&Rent}
After Repair Value
$550,000
{PP:$375,000}
ARV
75%
{ARV}
Property type
Other Commercial
Borrower Details
Credit score
710
Deal experience
None
This loan scenario was submitted by a Broker
No
Property Details
City
Aurora
State
Indiana
Loan Details
Purchase price
$375,000
Down payment
$80,000
Cost of improvements
$120,000
Estimated property value after repairs
$550,000
Additional Loan Information
Purchase Commercial building with established restaurant, Office space, current 5 apartments with option to build out 4 more apartments on the upper level
Status
Open
Created
April 29, 2022 - 1:14pm
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