800.883.8290PROPERTY:
W Garrison, Baltimore, MD 21215
DESCRIPTION:
- Purchase price is $61,000 and construction costs are $15,000.
- Cash to close is $23,000
- Holding $15,000 of the funds which will be reimbursed upon completion of project
- Experience in rehabbing, repeat borrower.
PROPOSED TERMS:
| Loan Type: | Purchase |
| Loan Amount: | $60,000 1st Mortgage |
| Value of Subject Property: | $100,000 |
| Loan to Value: | 60% |
| Term requested: | 9 Month Balloon |
| Exit Strategy: | Resell property |
| Credit Score | 723 |
