PROPERTY:

Woodside Pl, Waldorf, MD 20601

DESCRIPTION:

  • Purchase price is $104,00
  • Loan Amount is $80,000
  • Cash to close is $33,000
  • Past client with rehab experience.  He will fund construction in cash

PROPOSED TERMS:

Loan Type: Purchase
Loan Amount: $80,000 1st Mortgage
Value of Subject Property: $160,000
Loan to Value: 50%
Term requested: 12 Month Balloon
Exit Strategy: Resell property
Credit Score 653