Hornbeam Ct, Gleanarden, MD 20706
- Purchase price is $142,100 and construction costs are $8,000.
- Cash to close is $25,000
- Holding $8,000 of the funds which will be reimbursed upon completion of project
- Experience in rehabbing; excellent credit.
|Loan Amount:||$140,000 1st Mortgage|
|Value of Subject Property:||$220,000|
|Loan to Value:||64%|
|Term requested:||9 Month Balloon|
|Exit Strategy:||Resell property|