PG-Duel
PROPERTY:
Duel Pl, Lanham, MD 20743
DESCRIPTION:
- 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
PROPOSED TERMS:
Loan Type: | Purchase |
Loan Amount: | $60,000 1st Mortgage |
Value of Subject Property: | $150,000 |
Loan to Value: | 50% |
Term requested: | 9 Month Balloon |
Exit Strategy: | Resell property |
Credit Score | 726 |
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