800.883.8290PROPERTY:
Fleet St, Baltimore, MD 21224
DESCRIPTION:
- Purchase price is $135,000.
- Cash to close is $42,000
- Experienced borrowers. Have 2 other properties in Baltimore and will pay this loan off when one sells.
PROPOSED TERMS:
| Loan Type: | Purchase |
| Loan Amount: | $105,000 1st Mortgage |
| Value of Subject Property: | $300,000 |
| Loan to Value: | 35% |
| Term requested: | 9 Month Balloon |
| Exit Strategy: | Resell property |
| Credit Score | 652 / 541 |
