Loan amount
$260,000
Loan type
Purchase {Construction}
After Repair Value
$290,000 {PP:$165,000}
ARV
90% {ARV}
Property type
Other Commercial
Borrower Details
Credit score
830
Deal experience
None
This loan scenario was submitted by a Broker
No
Property Details
City
Winchester
State
Tennessee
Loan Details
Purchase price
$165,000
Down payment
$30,000
Cost of improvements
$125,000
Estimated property value after repairs
$290,000
Additional Loan Information
Vacant commercial lot to be developed for use as an equipment rental yard. I am the owner of the equipment rental company. I have been operating it for 4 years and need a property to house it on. This property located on a main thoroughfare and near the county high school is a good fit for me.
Status
Created
September 4, 2024 - 10:44pm

Hard Money Lenders Now Offering Real Estate Investor Loans in Tennessee Nashville | Memphis | Knoxville | Chattanooga | Clarksville | Murfreesboro Hard Money Loans | Refinance Cash-Out | Purchase | Fix-N-Flip | Commercial | Construction | SBA Business Loans