Loan amount
$277,000
Loan type
Purchase {Construction}
Property value
$200,000 {PP:$180,000}
ARV
139% {ARV}
Property type
Multi-Family 1-4 Units
Credit score
580
Deal experience
None
This loan scenario was submitted by a Broker
No
City
Gun Barrel
State
Texas
Purchase price
$180,000
Down payment
$3,000
Cost of improvements
$100,000
Estimated property value after repairs
$200,000
Additional Loan Information
Get land next to open water front, clear land as needed and then get electric and water to multiple accessable areas. Next bring in modular quadplex, tiny homes, cabins, tent cabana hits, restored old campers, etc.... I'm Interior designer and artist. I want to paint murals, decorate, and build the BNB Ranch into something memorable and unforgettable. I also plan to have a small hut with general store items as well as boutique memorablia for multiple media advertising. There isnt a lot of unique str near DFW am the ones that are stay booked year round. My expectations are to build more after every aspect of the ranch is in full swing with a wait list of people ready to rent. I grew up restoring, building, selling houses, cars, campers, business. I've had several boutiques but I'm ready for a bigger project with my family.
Status
Created
December 10, 2023 - 11:26pm

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