44th St, NE Washington, DC 20019
- Purchase price is $105,555 and construction costs are $20,000.
- Cash to close is $14,000.
- Holding $15,000 of the funds which will be reimbursed upon completion of project
- Prior client.
|Loan Type:||Purchase Construction|
|Loan Amount:||$125,000 1st Mortgage|
|Value of Subject Property:||$325,000|
|Loan to Value:||40%|
|Term requested:||12 Month Balloon|
|Exit Strategy:||Resell property|
|Credit Score||723 / 668|