PROPERTY:

Crab Apple Ct, Suitland, MD  20746

DESCRIPTION:

  • Purchase price is $80,111.
  • Cash to close is $19,000
  • Experience in rehabbing, prior client.
  • Borrower will be doing light renovation work with his own funds.

PROPOSED TERMS:

Loan Type: Purchase
Loan Amount: $68,000 1st Mortgage
Value of Subject Property: $150,000
Loan to Value: 45%
Term requested: 12 Month Balloon
Exit Strategy: Resell property
Credit Score 729 / 653