11th Street SE, Washington, DC 20003


  • Purchase price is $830,000 and construction costs are $260,000 (all construction costs are held in reserve and reimbursed on completed work).
  • Cash to close is $185,000
  • Experienced rehabber that has done at least 20 higher end projects that we are aware of.
  • Her contractor is one of the largest residential investors and construction firms in the DC market.


Loan Type: Purchase
Loan Amount: $970,000 1st Mortgage
Value of Subject Property: $1,400,000
Loan to Value: 69%
Term requested: 9 Month Balloon
Exit Strategy: Resell property
Credit Score 632