Loan amount
$244,500
Loan type
Purchase
{Construction}
After Repair Value
$400,000
{PP:$45,000}
ARV
61%
{ARV}
Property type
Single Family
Borrower Details
Credit score
546
Deal experience
None
This loan scenario was submitted by a Broker
No
Property Details
City
Concord
State
Vermont
Loan Details
Purchase price
$45,000
Down payment
$500
Cost of improvements
$200,000
Estimated property value after repairs
$400,000
Additional Loan Information
Land is 41.5 acres. Will put house, well and septic on property and rent year round for AirBnb. Once construction is completed I will refinanve.
Status
Open
Created
May 4, 2021 - 3:57pm
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