Loan amount
$16,500,000
Loan type
Purchase
{Fix&Flip}
After Repair Value
$56,000,000
{PP:$105,000}
ARV
29%
{ARV}
Property type
Multi-Family 5+ Units
Borrower Details
Credit score
720
Deal experience
6 deals
This loan scenario was submitted by a Broker
No
Property Details
City
Albemarle
State
North Carolina
Loan Details
Purchase price
$105,000
Down payment
$105,000
Cost of improvements
$16,500,000
Estimated property value after repairs
$56,000,000
Additional Loan Information
Bought this property last month. Did my due diligence for 2 months prior to purchase and now I am working on all permits requirements.
Ready to seek fund to get this work done.
Ready to seek fund to get this work done.
Status
Pending review: Please check your email. We will be sending you follow-up questions, if needed. Be sure to check your spam folder.
Created
March 29, 2023 - 11:09pm
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