Deal Status

Active

Property Address

Elm and 6th ST, Scappoose Oregon 97056

Requested Loan Amount

$469,000

Loan to Value

42%

Loan Term

12 months

Lien Position

1st

Collateral Type

Residential Property

Exit Strategy

Sale of Subject Property

Collateral and Loan Details

Property Type

Single Family Residence

Number of Bedrooms

3

Number of Bathrooms

2

Owner Occupied

No

Loan Type

Ground-Up Construction (already own land)

Property Sq. Footage

-2

Project Description

Buildout 6 lots and then build 6 homes

Property Type

Residential

Residential Property Type

Single Family Residence(s)

Commercial Property Type

Other

Project Phase

Planning

Land Value

$224,999

Estimated Costs

$468,999

Have Budget

Yes

Projects Completed

4

Licensed Contractor

Yes

Lot Size

-1 acres

Will additional properties be collateralized?

No

Borrower Entity

LLC

Borrower Credit Rating

Good

Comments

Please contact me for more information

myronrobinson@oregonfirst.com

503-516-4747

First Name

Myron

Last Name

Robinson

Phone Number

(503) 516-4747

Company

Freedom Real Estate Investment Group LLC.

Role

Borrower

Location

Portland, Oregon

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