PROPERTY:

Red Toad Rd, North East, MD  21901

DESCRIPTION:

  • Purchase price is $73,000.
  • Cash to close is $14,000
  • Property currently listed for $119,000.
  • Experienced borrower, we have done multiple successful deals for this borrower.

PROPOSED TERMS:

Loan Type: Purchase
Loan Amount: $65,000 1st Mortgage
Value of Subject Property: $100,000
Loan to Value: 65%
Term requested: 12 Month Balloon
Exit Strategy: Resell property
Credit Score 730