Loan amount
$312,000
Loan type
Purchase {Construction}
After Repair Value
$485,000 {PP:$87,000}
ARV
64% {ARV}
Property type
Single Family
Borrower Details
Credit score
530
Deal experience
None
This loan scenario was submitted by a Broker
No
Property Details
City
Mcloud
State
Oklahoma
Loan Details
Purchase price
$87,000
Down payment
$15,000
Cost of improvements
$240,000
Estimated property value after repairs
$485,000
Additional Loan Information
We are constructing log home that come with everything except plumbing, electrical, and HVAC. It leaves us with those tasks and pouring a pad. Already have several interested parties in purchase and will build several of these in the future.
Status
Created
May 16, 2023 - 9:25pm

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