Loan amount
$42,500
Loan type
Purchase
{Construction}
Property value
$150,000
{PP:$12,500}
ARV
28%
{ARV}
Property type
Other Commercial
Credit score
590
Deal experience
4 deals
This loan scenario was submitted by a Broker
No
City
Franklin
State
Nebraska
Purchase price
$12,500
Down payment
$0
Cost of improvements
$30,000
Estimated property value after repairs
$150,000
Additional Loan Information
Franklin laundrymat business in Nebraska. This 1723 building needs full refurbishment. Destroyed due to hail storm and electrical storm. In July, 2023. The owner for 32 year's is ready to retire with a minimum buy out at 12,500. All inclusive. Listening current at 115,000. Cheryl Baker 785-202-0096
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
September 29, 2023 - 4:40pm
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