800.883.8290PROPERTY:
Disney Ave, Baltimore, MD 21225
DESCRIPTION:
- Purchase price is $118,000 and construction costs are $20,000.
- Cash to close is $35,000.
- We are holding $20,000 of the funds which will be reimbursed upon completion of project
PROPOSED TERMS:
| Loan Type: | Purchase Construction |
| Loan Amount: | $110,000 1st Mortgage |
| Value of Subject Property: | $180,000 |
| Loan to Value: | 62% |
| Term requested: | 12 Month Balloon |
| Exit Strategy: | Resale |
| Credit Score | 770 |
