800.883.8290PROPERTY:
Marksworth Rd, Baltimore, MD 21207
DESCRIPTION:
- Purchase price is $142,500 and construction costs are $50,000.
- Cash to close is $59,000.
- Holding $50,000 of the funds which will be reimbursed upon completion of project
PROPOSED TERMS:
| Loan Type: | Purchase Construction |
| Loan Amount: | $150,000 1st Mortgage |
| Value of Subject Property: | $275,000 |
| Loan to Value: | 62% |
| Term requested: | 9 Month Balloon |
| Exit Strategy: | Resale |
| Credit Score |
