I have a property in Philadelphia, PA with an ARV of $140K with a $37K purchase price and $40K rehab budget. If I have 20% Down payment. Could any lender help out with a breakdown of total cost out of pocket needed to fund the deal?
Assuming a 5% origination fee (high end)
Assumed Interest 12%
@Derrick Alexis hopefully on a deal like that you won't need ANY downpayment. That's a slamdunk! But if you know the product you need but just need it in a specific state try posting in that state forum. Bigger Pockets has some great state forums and usually there are good locals that monitor those. Also, try some local real estate meetup groups. Meetup.com is a good resource for those but some post here on Bigger Pockets market forum too. Thanks!
BiggerPockets has a hard money lender area where you can search for them. Also, checkout DIG (Diversified Investor Group).
@Andrew Postell I must agree I attended many