PROPERTY:

Chelsea Rd,  Fairless Hills, PA  19030

DESCRIPTION:

  • Purchase price is $144,000.
  • Cash to close is $28,000.
  • Self funding the construction.
  • Very liquid prior client.
  • PROPOSED TERMS:
Loan Type: Purchase
Loan Amount: $115,000 1st Mortgage
Value of Subject Property: $200,000
Loan to Value: 58%
Term requested: 12 Month Balloon
Exit Strategy: Resale
Credit Score  713