800.883.8290PROPERTY:
Edmonson Ave, Baltimore, MD 21229
DESCRIPTION:
- Construction costs are $60,000.
- Cash to close is $0
- Holding $60,000 of the funds which will be reimbursed upon completion of project
- Experience in rehabbing
PROPOSED TERMS:
| Loan Type: | Refinance Construction |
| Loan Amount: | $70,000 1st Mortgage |
| Value of Subject Property: | $110,000 |
| Loan to Value: | 64% |
| Term requested: | 9 Month Balloon |
| Exit Strategy: | Refinance |
| Credit Score | 720 |
