PROPERTY:

Cabin Branch Dr, Capitol Heights, MD 20743

DESCRIPTION:

  • Purchase price is $77,100 and construction costs are $20,000.
  • Cash to close is $25,000
  • We will not be holding escrow for construction
  • Experience in rehabbing and selling homes

PROPOSED TERMS:

Loan Type: Purchase
Loan Amount: $60,000 1st Mortgage
Value of Subject Property: $140,000
Loan to Value: 43%
Term requested: 9 Month Balloon
Exit Strategy: Resell property
Credit Score 710