PROPERTY:

Meadow Valley Dr, Abingdon, MD 21009

DESCRIPTION:

  • Purchase price is $117,000
  • Loan Amount is $160,000
  • Construction Holdback $50,000
  • Cash to close is $20,000

PROPOSED TERMS:

Loan Type: Purchase
Loan Amount: $160,000 1st Mortgage
Value of Subject Property: $275,000
Loan to Value: 58%
Term requested: 12 Month Balloon
Exit Strategy: Resell property
Credit Score 696