B

LOAN SUMMARY | 10751 HALLSTEAD DR , Saint Louis, MO 63136

BORROWER

Ready2Move Properties LLC
Karim Salem - principal
Rate
Projected Term
Loan To ARV
Loan Amount
Investors
8.5%
9 months
60.9%
$74,930
0
Purpose
Loan Position
Total Loan Amount
Loan Status
Purchase & Renovation
First Lien
$74,930
Repaid on 06/19/2020
Started on
Funded on
Repaid on
Matured on
03/13/2020
06/19/2020
06/19/2020
03/12/2021

FINANCIAL OVERVIEW

After Repair Value (ARV)
$123,000
Total Project Costs
$83,330
$39,670
GROUNDFLOOR
$74,930
$8,400
0%
Skin-in-the-Game
First Lien Loan
Cushion
Purchase Price
$36,700
Purchase Date
TBD
Loan To ARV
60.9%
Loan To Total Project Cost
89.9%

Grade Factors

The following factors determine in part how the loan was graded:
(in descending order of importance)
Loan To ARV Score
5
10
Quality of Valuation Report
4
4
Skin-in-the-Game
2
10
Location
4
8
Borrower Experience
3
5
Borrower Commitment
1
1

VALUATION REPORTS

As Complete (ARV)
$123,000
Certified Independent Appraisal
Broker's Price Opinion
Borrower Provided Appraisal
Borrower Provided Comps

PROPERTY PHOTOS