Loan amount
$7,000,000
Loan type
Purchase
{Construction}
Property value
$2,000,000,000
{PP:$7,000,000}
ARV
0%
{ARV}
Property type
Vacant Land
Credit score
550
Deal experience
None
This loan scenario was submitted by a Broker
Yes
City
Branson
State
Missouri
Purchase price
$7,000,000
Down payment
$7,000,000
Cost of improvements
$7,000,000
Estimated property value after repairs
$2,000,000,000
Additional Loan Information
Developer of Project and secured with a Loan approved for 2.1 Billion USD. Immediately put 7 Million into project to develop spring water facility to generate income to make loan payments on land loan will pay off this loan within 1 year or sooner
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 28, 2023 - 12:23pm
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