Loan amount
$149,000
Loan type
Purchase {Fix&Rent}
After Repair Value
$230,000 {PP:$109,000}
ARV
65% {ARV}
Property type
Vacant Land
Borrower Details
Credit score
500
Deal experience
1 deal
This loan scenario was submitted by a Broker
No
Property Details
City
Spring Hill
State
Florida
Loan Details
Purchase price
$109,000
Down payment
$10,000
Cost of improvements
$50,000
Estimated property value after repairs
$230,000
Additional Loan Information
I would like to purchase a piece of land in a highly sought after area (still has a lot of space and privacy). I would then like to put a manufactured home or a tiny home on the property to rent.
Status
Created
November 13, 2023 - 10:54pm

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