Loan amount
$345,000
Loan type
Purchase
{Fix&Flip}
After Repair Value
$900,000
{PP:$315,000}
ARV
38%
{ARV}
Property type
Other Commercial
Borrower Details
Credit score
680
Deal experience
15 deals
This loan scenario was submitted by a Broker
No
Property Details
City
Fairplay
State
South Carolina
Loan Details
Purchase price
$315,000
Down payment
$80,000
Cost of improvements
$110,000
Estimated property value after repairs
$900,000
Additional Loan Information
Existing RV Park with 4 full hook up sites, annual leases on the 4 for $700/mth. Buildout to 12-15 sites
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
April 19, 2024 - 12:09pm
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