PROPERTY:

Clinglog St, Capitol Heights,  MD 20743

DESCRIPTION:

  • Refinance Construction and construction costs are $30,000.
  • Cash to close is $15,000 back to borrower
  • Holding $30,000 of the funds which will be reimbursed upon completion of project
  • Experience in rehabbing

PROPOSED TERMS:

Loan Type: Refinance
Loan Amount: $65,000 1st Mortgage
Value of Subject Property: $130,000
Loan to Value: 50%
Term requested: 9 Month Balloon
Exit Strategy: Resell property
Credit Score 770