Loan amount
$80,000
Loan type
As-Is Property Value
$150,000
LTV
54%
{LTV}
Property type
Commercial / Retail & Office
Borrower Details
Credit score
600
Deal experience
1 deal
This loan scenario was submitted by a Broker
Property Details
State
Missouri
Loan Details
Additional Loan Information
Now is the time in this area to buy and rehab commercial properties. Purchase price $95K. $20K down. Renovation budge $25K. 6 month timeline. ARV $150K. Not yet in contract. Property located in Marshfield. Plan to hold and rent for $1,200/month. 24 month loan duration.
Status
Closed
Created
August 17, 2020 - 7:38pm
Hard Money Lenders Now Offering Real Estate Investor Loans in Missouri Kansas City | St Louis | Springfield | Columbia | Independence | St Charles Hard Money Loans | Refinance Cash-Out | Purchase | Fix-N-Flip | Commercial | Construction | SBA Business Loans