PROPERTY:
Hickory Ave, Baltimore, MD 21211
DESCRIPTION:
- Construction costs are $25,000.
- Holding $25,000 of the funds which will be reimbursed upon completion of project
- PROPOSED TERMS:
Loan Type: | Refinance |
Loan Amount: | $75,000 1st Mortgage |
Value of Subject Property: | $130,000 |
Loan to Value: | 58% |
Term requested: | 12 Month Balloon |
Exit Strategy: | Resell property |
Credit Score | 573 |