PROPERTY:
Richardson St, Baltimore MD 21230
DESCRIPTION:
- Cash out refi of F & C property purchased for $155,000 in 12/2013.
- Cash back at close is $78,000
- Experience in rehabbing and home-building
PROPOSED TERMS:
Loan Type: | Refinance Construction |
Loan Amount: | $90,000 1st Mortgage |
Value of Subject Property: | $360,000 |
Loan to Value: | 25% |
Term requested: | 9 Month Balloon |
Exit Strategy: | Resell property |
Credit Score | 776 |