Loan amount
$2,200,000
Loan type
Refinance
{Construction}
After Repair Value
$7,000,000
ARV
31%
{ARV}
Property type
Single Family
Borrower Details
Credit score
780
Deal experience
100 deals
This loan scenario was submitted by a Broker
No
Property Details
City
ASTATULA
State
Florida
Loan Details
Current mortgage balance
$2,000,000
Cost of improvements
$200,000
Estimated property value after repairs
$7,000,000
Additional Loan Information
This is a single-family home located in ASTATULA Florida outside of Orlando and Barbaris Florida. We owe approximately $2 million on the property. It is planned by ed for 120 homes. We are trying to build a after everything is done and we start selling units. The property will be worth $34 million. Projected income yearly will be approximately $11 million.
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
January 25, 2024 - 8:06pm
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