PROPERTY: 

Stevenson Rd,  Baltimore MD   21230

 

DESCRIPTION:

  • Purchase price is $138,000.
  • Cash to close is $31,000
  • Experience in rehabbing and home-building, prior client

PROPOSED TERMS:

Loan Type: Purchase Construction
Loan Amount: $120,000 1st Mortgage
Value of Subject Property: $385,000
Loan to Value: 32%
Term requested: 9 Month Balloon
Exit Strategy: Resell property
Credit Score  776