Loan amount
$150,000
Loan type
Refinance {Fix&Rent}
Property value
$500,000
ARV
30% {ARV}
Property type
Retail/Strip Mall
Credit score
680
Deal experience
1 deal
This loan scenario was submitted by a Broker
No
City
Anchorage
State
Alaska
Current mortgage balance
$0
Cost of improvements
$150,000
Estimated property value after repairs
$500,000
Additional Loan Information
I have a 2 unit commercial property on a desirable high visibility street backing up to a high quality neighborhood. 1 unit is rented. The other is for lease but it needs finish rehab. 2000 sqf unit.
Status
Created
December 7, 2023 - 2:17am

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