Wildflower, LaPlata, MD 20646
- Purchase price is $237,500 and construction costs are $20,000.
- Cash to close is $81,000
- Holding $20,000 of the funds which will be reimbursed upon completion of project
- Experience in rehabbing, repeat borrower.
|Loan Amount:||$210,000 1st Mortgage|
|Value of Subject Property:||$325,000|
|Loan to Value:||65%|
|Term requested:||9 Month Balloon|
|Exit Strategy:||Resell property|