Loan amount
$825,000
Loan type
Purchase {Construction}
After Repair Value
$2,000,000 {PP:$750,000}
ARV
41% {ARV}
Property type
Other Commercial
Borrower Details
Credit score
500
Deal experience
1 deal
This loan scenario was submitted by a Broker
No
Property Details
City
Elfrida
State
Arizona
Loan Details
Purchase price
$750,000
Down payment
$0
Cost of improvements
$75,000
Estimated property value after repairs
$2,000,000
Additional Loan Information
11 Patented Mining Claims. Looking to rehab the land from waste material and process for left over gold and silver. Easy permitting withing 60-90days. 100's of million left over. Possible 50/50 split for the right investor
Status
Created
May 31, 2022 - 10:25am

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