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Updated over 11 years ago on .

User Stats

149
Posts
92
Votes
Dustin Faeth
  • Real Estate Investor
  • Columbus, OH
92
Votes |
149
Posts

ANY PRIVATE LENDERS OUT THERE SEEKING A SOLID RETURN ON A RESIDENTIAL REHAB PROJECT???

Dustin Faeth
  • Real Estate Investor
  • Columbus, OH
Posted

Hello,

Our company currently has 2 properties we are about to go into contract on to rehab and sell, and we are looking for a private lender for each project that would be interested in this opportunity to fund the deal and make a nice return on their money. Below are the basic numbers for each deal, so please contact me if interested and I can provide you with a summary packet of info for each property including CMA's, pictures, etc.

Property #1

3616 Christopher Pl. Grove City, OH - HUD Home

Purchase Price $70K

Rehab Cost $15K

ARV $120K

Property is located in a great family neighborhood within a desirable school district where properties are selling quickly right now. This is a light rehab, mostly cosmetic, so it won't take long, but we will pay a minimum 3-month return to our lender on this project.

Property #2

34 S. Roys Ave. Columbus, OH - Short Sale

Purchase Price $51K

Rehab Cost $25K

ARV $115K

Property is located in a nice neighborhood in the Westgate Park area of Columbus, and has tons of character with all the original trim work, hardwood floors, etc. Planning to update and modernize the kitchen and bathroom, and improving the rest of the home while keeping its original character.

Send me a message with any questions or interest in these private lending opportunities, and I can provide more info. Thanks!

Dustin

  • Dustin Faeth