Deal Details
Private Loan Type
Purchase
Approx. Funding Date
05/31/2024
Property Type
Single Family Residence
Property City
Baltimore
Property State
MD
Loan Term (months)
6
Lien Type
1st Mortgage
Payment Type
Interest Only
Purchase Price
$235,000
Loan-to-Purchase Price
90%
Borrower's Contribution to Purchase
10%
Source of Borrower's Contribution
Cash
Renovation Budget
$30,000
Renovation Budget Funded
100%
Borrower's Contribution to Budget
0%
After-Repair Value
$350,000
Loan-to-After-Repair Value
68%
Renovation Project Scope
Light Rehab
Funded By
Real Property Investment Partners
Providing institutional-grade lending with a local presence.
Dealmakers
Tibor Wilheim
Managing Director