Private Financing $1,6M Required 2 Year Term

Capital Requirement





Land (38.3 acres) - Blaine Road, Birch Bay, Washington State, USA

Professional appraisal (as of March 9th, 2009) $2,681,000.00

Loan required 60% LTV = $1,608,600.00

Term 2 years

Interest paid in advance @ 16% PA = $514,752.00

2 years property taxes paid upfront = $12,000.00est

Legal fees paid upfront = $5,000.00est

Existing mortgage cleared in full providing clear title = $175,000.00est

Net funds advanced to borrower = $901,848.00est

All funds in USD

About This Property

Category: Investing/Development Address: Birch Bay Washington State USA For Sale By: Agent Construction Year: n/a Area: n/a

Bedrooms: n/a Bathrooms: n/a Sleeps: n/a Stories: n/a Parking Spaces: n/a

Contact - More Information

Mazda Jalifi - MJ Homes   Phones:   604-813-9815  (cell) 604-514-6545  (business) Your Name: Your Email: (will not be stored, we will never send you unwanted emails) Your Phone: Your Comments:

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