Loan amount
$1,900,000
Loan type
Purchase {Fix&Flip}
Property value
$3,400,000 {PP:$1,400,000}
ARV
56% {ARV}
Property type
Single Family
Credit score
613
Deal experience
3 deals
This loan scenario was submitted by a Broker
No
City
Bloomfield Hills
State
Michigan
Purchase price
$1,400,000
Down payment
$0
Cost of improvements
$500,000
Estimated property value after repairs
$3,400,000
Additional Loan Information
During the pendency of time, he purchase and rehabbed over 50 resident middle to upper income properties for investment. In 2023 he had 6 projects under land contracts. And was rehab and sold. Our firm has factories in China that manufacture all parts or products for repairing or building a house. As well as all upscale furniture and art. Including IoT’s and A.I. products. Our e-commerce site have all the products, even apparels, shoes for men, women and children, and furniture for the upscaled. Our designs products are all great quality and value that go into our properties for sale. No cookie cutter homes. Completely furnished.
Further, I have become a Diversified Supplier for the USA Government under SAM.GOV and the Big Three Automobile Manufactures. And the State of Michigan. Also, I am supplier with Cincinnati Public Schools as a minority supplier and the State of Ohio Universities. This includes residents from middle to upscaled for their Executives and displaced persons due to weather or change of job in USA. Our e-commerce site www.electronicdesignsunlimitedllc.com. The name of the game is sustainability. That why we have three divisions . unlimited designs/designs unlimited/mark Lloyd LLC
Status
Created
August 7, 2024 - 10:42am

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