800.883.8290PROPERTY:
Bolton St, Baltimore, MD 21217
DESCRIPTION:
- Cash out /refinance construction
- Borrower has already put in $50,000 in improvements
- Holding $60,000 of the funds which will be reimbursed upon completion of project
- Experience in rehabbing, borrower lives across the street from property
PROPOSED TERMS:
| Loan Type: | Refinance |
| Loan Amount: | $90,000 1st Mortgage |
| Value of Subject Property: | $140,000 |
| Loan to Value: | 65% |
| Term requested: | 9 Month Balloon |
| Exit Strategy: | Resell property |
| Credit Score | 737 |
