Loan amount
$120,500
Loan type
Purchase {Rent&Hold}
As-Is Property Value
$180,000 {PP:$150,000}
LTV
67% {LTV}
Property type
Vacant Land
Borrower Details
Credit score
740
Deal experience
2 deals
This loan scenario was submitted by a Broker
No
Property Details
City
St Augustine
State
Florida
Loan Details
Purchase price
$150,000
Down payment
$29,999
Additional Loan Information
20.7 acre parcel zoned open rural. 20 acres currently wet to some degree. Currently 0.7 acres high and dry, 10 acres designated as wetlands, 10 acres wet / marshy / intermittently but water can be redirected and collected in wetlands area, resulting in approx 9-10.7 acres of dry buildable land. Parcel access from paved main road, just off major state road (SR 16) near new developments and major shopping and Interstate 95.
Status
Created
February 1, 2022 - 3:39pm

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