800.883.8290PROPERTY:
Nemo Rd,Randallstown, MD 21133
DESCRIPTION:
- Purchase price is $157,000 and construction costs are $30,000.
- Cash to close is $43,000
- Holding $30,000 of the funds which will be reimbursed upon completion of project
- Experience in rehabbing
PROPOSED TERMS:
| Loan Type: | Purchase |
| Loan Amount: | $160,000 1st Mortgage |
| Value of Subject Property: | $280,000 |
| Loan to Value: | 57% |
| Term requested: | 9 Month Balloon |
| Exit Strategy: | Resell |
| Credit Score | 493 |
