Loan amount
$335,000
Loan type
Purchase
{Rent&Hold}
As-Is Property Value
$1,000,000
{PP:$355,000}
LTV
34%
{LTV}
Property type
Other Commercial
Borrower Details
Credit score
550
Deal experience
1 deal
This loan scenario was submitted by a Broker
No
Property Details
City
Guy
State
Texas
Loan Details
Purchase price
$355,000
Down payment
$20,000
Additional Loan Information
I need to expand my rental units from 12 to 75 as quickly as possible Tesla is building a 10 billion dollar solar manufacturing plant 6 miles from my property and I will be the closest source to lodging for 10,000 employees plus construction workers. Engineering is already working on it for 6 months permits are being pulled and I need capital to start construction. The plant starts ground construction in December of this year
Status
Open
Created
August 27, 2026 - 8:37am
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