Deal Status

Active

Property Address

Cullowhee, North Carolina

Requested Loan Amount

65000

Loan to Value

20

Loan Term

12

Lien Position

1st

Collateral Type

Residential Property

Exit Strategy

Sale of Subject Property

Property Type

Single Family Residence

Number of Bedrooms

3

Number of Bathrooms

2.5

Property Occupied

No

Loan Type

Ground-Up Construction (already own land)

Property Sq. Footage

1758

Property Type

Residential

Residential Property Type

Single Family Residence(s)

Commercial Property Type

Other

Project Phase

Partially Completed

Land Value

50000

Estimated Costs

192675

Description

Subject Property Type: Single Family, Riverfront Home Beds: 3 (w/Master Suite) Baths: 2.5 Square Feet: 1,758 Total Costs: $242,657.10 (House + Land) – Land purchase in a batch of lots Cost per Sq. Ft: $109.60 Loan-To-Cost: 32.4% Value per Sq. Ft: $180 to $220* Value Range: $316,440 to $386,760 Loan-to-Value: 19.75% to 16.16%

Budget

Yes

Completed

8

Licensed

No

Will additional properties be collateralized?

No

Borrower Entity

Individual(s)

Borrower Credit Rating

Excellent

Additional Attachments

h
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First Name

Lamar

Last Name

Barnes

Company

BW Capital Advisors

Role

Consultant

Location

WASHINGTON
Dist of Columbia
USA