Loan amount
$2,950,000
Loan type
Purchase
{Fix&Flip}
After Repair Value
$4,800,000
{PP:$3,000,000}
ARV
61%
{ARV}
Property type
Multi-Family 5+ Units
Borrower Details
Credit score
700
Deal experience
None
This loan scenario was submitted by a Broker
Yes
Property Details
City
Greenville
State
Mississippi
Loan Details
Purchase price
$3,000,000
Down payment
$300,000
Cost of improvements
$250,000
Estimated property value after repairs
$4,800,000
Additional Loan Information
project is 180 room apt complex to be paid off within 15 months
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
April 9, 2024 - 3:58pm
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