PROPERTY:
Codd Ave, Baltimore, MD 21222
DESCRIPTION:
- Purchase price is $60,000 and a $5,000 assignment fee.
- Cash to close is $12,000
- Borrowers are experienced investors.
PROPOSED TERMS:
Loan Type: | Purchase |
Loan Amount: | $60,000 1st Mortgage |
Value of Subject Property: | $148,000 |
Loan to Value: | 41% |
Term requested: | 12 Month Balloon |
Exit Strategy: | Resell property |
Credit Score | 660 / 701 |