Loan amount
$550,000
Loan type
Refinance
{Construction}
After Repair Value
$700,000
ARV
79%
{ARV}
Property type
Single Family
Borrower Details
Credit score
670
Deal experience
3 deals
This loan scenario was submitted by a Broker
Yes
Property Details
City
Arp
State
Texas
Loan Details
Current mortgage balance
$225,000
Cost of improvements
$325,000
Estimated property value after repairs
$700,000
Additional Loan Information
Clients own the land valued at $267,000 and owe $225000. The construction costs are $325,000 and I have an appraisal with ARV $700,000. Clients have 3 builds in the last 18 months. They have $300,000 in liquid reserves
Status
Closed
Created
May 8, 2025 - 12:52pm
Hard Money Lenders Now Offering Real Estate Investor Loans in Texas Houston | San Antonio | Dallas | Austin | Fort Worth | El Paso Hard Money Loans | Refinance Cash-Out | Purchase | Fix-N-Flip | Commercial | Construction | SBA Business Loans