800.883.8290PROPERTY:
Roselawn Ave, Baltimore, MD 21214
DESCRIPTION:
- Purchase price is $67,000 and construction costs are $65,000.
- Cash to close is $2,500
- Holding $65,000 of the funds which will be reimbursed upon completion of project
- Experience in rehabbing
PROPOSED TERMS:
| Loan Type: | Purchase |
| Loan Amount: | $144,000 1st Mortgage |
| Value of Subject Property: | $200,000 |
| Loan to Value: | 72% |
| Term requested: | 12 Month Balloon |
| Exit Strategy: | Resell property |
| Credit Score | 785 |
