|LTV as to appraisal:||65%|
|LTV as to purchase price:||N/A|
|Marketing and legal:||(.125)|
|Net to investor:||10%|
Expected to close within the next few weeks.
Loan is a refi. with cash-out to complete the construction.
Note: this loan has additional collateral in the form of a single family residence located at 3833 SW 154th Court, Miami, FL 33185