Loan amount
$930,000
Loan type
Purchase
{Fix&Rent}
Property value
$3,000,000
{PP:$1,050,000}
ARV
31%
{ARV}
Property type
Mobile Home Park
Credit score
680
Deal experience
None
This loan scenario was submitted by a Broker
No
City
Pensacola
State
Florida
Purchase price
$1,050,000
Down payment
$150,000
Cost of improvements
$30,000
Estimated property value after repairs
$3,000,000
Additional Loan Information
I want to purchase an existing rv resort here in Florida. It is turn key ready but I want to also make updates to get more profit.
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
May 6, 2024 - 11:07pm
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