Loan amount
$170,000
Loan type
Purchase
{Construction}
After Repair Value
$500,000
{PP:$30,000}
ARV
34%
{ARV}
Property type
Vacant Land
Borrower Details
Credit score
600
Deal experience
10 deals
This loan scenario was submitted by a Broker
No
Property Details
City
Hot Springs
State
South Dakota
Loan Details
Purchase price
$30,000
Down payment
$10,000
Cost of improvements
$150,000
Estimated property value after repairs
$500,000
Additional Loan Information
Lot in Hot Springs SD growing area need housing… construction is a town home style ranch so two units to sell …side by side one construction 250,000 each to 275,000 for total value 500-550,000
Status
Open
Created
March 8, 2023 - 9:27pm
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