800.883.8290PROPERTY:
Tolbut St, Philadelphia, PA 19152
DESCRIPTION:
- Purchase price is $97,500 and construction costs are $32,500.
- Cash to close is $15,000
- Holding $32,500 of the funds which will be reimbursed upon completion of project
- Experience in rehabbing
PROPOSED TERMS:
| Loan Type: | Purchase Construction |
| Loan Amount: | $130,000 1st Mortgage |
| Value of Subject Property: | $210,000 |
| Loan to Value: | 62% |
| Term requested: | 12 Month Balloon |
| Exit Strategy: | Resell property |
| Credit Score | 674 |
