Loan amount
$2,737,500
Loan type
Purchase
{Construction}
After Repair Value
$9,653,000
{PP:$310,000}
ARV
28%
{ARV}
Property type
Single Family
Borrower Details
Credit score
575
Deal experience
4 deals
This loan scenario was submitted by a Broker
No
Property Details
City
POST FALLS
State
Idaho
Loan Details
Purchase price
$310,000
Down payment
$72,653
Cost of improvements
$2,500,000
Estimated property value after repairs
$9,653,000
Additional Loan Information
Will build 22 single family homes on this prime development property. Looking to buy out the previous owners hard money loan. I have construction funding but need acquisition funds and my available down payment funds are in equity.
Status
Closed
Created
February 22, 2021 - 7:57pm
Hard Money Lenders Now Offering Real Estate Investor Loans in Idaho Boise City | Meridian | Nampa | Idaho Falls | Caldwell | Pocatello Hard Money Loans | Refinance Cash-Out | Purchase | Fix-N-Flip | Commercial | Construction | SBA Business Loans