Loan amount
$3,000,000
Loan type
Purchase {Fix&Flip}
After Repair Value
$6,000,000 {PP:$1}
ARV
50% {ARV}
Property type
Other Commercial
Borrower Details
Credit score
740
Deal experience
15 deals
This loan scenario was submitted by a Broker
Yes
Property Details
City
Finchburg
State
Massachusetts
Loan Details
Down payment
$1
Cost of improvements
$3,000,000
Estimated property value after repairs
$6,000,000
Additional Loan Information
is looking for 600k to pay back taxes so the project can get started. Everything else is in place.
Status
Created
August 23, 2021 - 7:42pm

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