PROPERTY:

Quaker Ct, Waldorf, MD 20602

DESCRIPTION:

  • Purchase price is $107,000 .
  • Cash to close is $36,000
  • Holding $0 of the funds which will be reimbursed upon completion of project
  • Experience in rehabbing; prior client

PROPOSED TERMS:

Loan Type: Purchase
Loan Amount: $80,000 1st Mortgage
Value of Subject Property: $150,000
Loan to Value: 53%
Term requested: 12 Month Balloon
Exit Strategy: Resell property
Credit Score 729/953