Hard Money Inquiry

[Jason Martinez]

This is a buy, rehab and hold scenario. Newbie investors. Individual buyers. Not LLC.

1bed 1bath Condo in Old Naples Florida. It is hurricane damaged. HOA handling much of the rehab costs including drywall, plumbing, electrical.

Under contract.  Need to close asap. 

Sales price $415K 

Conservative ARV $495

Rehab Costs $50K (35K covered by HOA; 15K covered by me)

Monthly rent $5500

Thank you!