Loan amount
Loan type
Purchase {Fix&Rent}
After Repair Value
$380,000 {PP:$125,000}
38% {ARV}
Property type
Vacant Land
Borrower Details
Credit score
Deal experience
14 deals
This loan scenario was submitted by a Broker
Property Details
Loan Details
Purchase price
Down payment
Cost of improvements
Estimated property value after repairs
Additional Loan Information
I have a 28 x 66 modular unit paid for no mortgage on that I want to put on this property at 5 acres and set up and rent for 2500 a month the homes value is $100,000 the property was the 150 K but I talked him down to 125 I’m in experienced investor at one point at 650 properties to include for mobile home parks currently I have seven rentals that are bought and paid for and rented no I also have one house that I’m trying to refinance now this particular property is another asset and I’ve been lucky to obtain Access to the property to buy I’m looking for either a short term long-term don’t mind the interest I preferred it please begin in Apple long lasting relationship business wise thank you
November 20, 2022 - 10:08pm

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