PROPERTY:
Hawksbury Rd, Baltimore, MD 21208
DESCRIPTION:
- Cash out refinance
- Cash to borrower $158,000
- Experience in rehabbing; prior client; portfolio of rehabbed units
- Home is already on MLS
PROPOSED TERMS:
Loan Type: | Refinance |
Loan Amount: | $170,000 1st Mortgage |
Value of Subject Property: | $265,000 |
Loan to Value: | 64% |
Term requested: | 9 Month Balloon |
Exit Strategy: | Resell property |
Credit Score | 642 |