Duel Pl, Capitol Heights, MD 20743
- Purchase price is $65,000 and construction costs are $25,000.
- Cash to close is $28,000
- Holding $25,000 of the funds which will be reimbursed upon completion of project
- Experience in rehabbing, we have done one successful deal with this borrower in the past.
|Loan Amount:||$75,000 1st Mortgage|
|Value of Subject Property:||$150,000|
|Loan to Value:||50%|
|Term requested:||9 Month Balloon|
|Exit Strategy:||Resell property|