PROPERTY:

Old Marlboro Pike, Upper Marlboro, MD 20772

DESCRIPTION:

  • Cash out refi to pay off current note.
  • Property currently has a stable, professional tenant (law office)

PROPOSED TERMS:

Loan Type: Cash Out Refinance
Loan Amount: $70,000 1st Mortgage
Value of Subject Property: $110,000
Loan to Value: 64%
Term requested: 12 Month Balloon
Exit Strategy: Refi property
Credit Score 619