PROPERTY:

E Glenside anover St, Pottstown, PA  19464

DESCRIPTION:

  • Purchase price is $100,800 and construction cost are $30,000.
  • We are holding $30,000 of the funds which will be reimbursed upon completion of project.
  • Cash to close is $14,000
  • Prior client.
  • PROPOSED TERMS:
Loan Type: Purchase Construction
Loan Amount: $130,000 1st Mortgage
Value of Subject Property: $200,000
Loan to Value: 65%
Term requested: 12 Month Balloon
Exit Strategy: Resale
Credit Score  673