W Garrison, Baltimore, MD 21215
- Purchase price is $61,000 and construction costs are $15,000.
- Cash to close is $23,000
- Holding $15,000 of the funds which will be reimbursed upon completion of project
- Experience in rehabbing, repeat borrower.
|Loan Amount:||$60,000 1st Mortgage|
|Value of Subject Property:||$100,000|
|Loan to Value:||60%|
|Term requested:||9 Month Balloon|
|Exit Strategy:||Resell property|