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Updated over 2 years ago on . Most recent reply

User Stats

7
Posts
5
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Max Klitchman
  • Investor
  • Chicago
5
Votes |
7
Posts

Gap Funding Partner

Max Klitchman
  • Investor
  • Chicago
Posted

Hello!

I have a property under contract in Western Springs, Illinois for a fix and flip, and I am looking for an investment partner to help fund the deal. I currently have a hard money loan that is covering 85% of the Purchase Price and 100% of the rehab, and I am looking for an investor to help cover the other expenses for the project.

Here are some numbers:

PP: $462,500

Rehab: $80,000

ARV: $685,000

Approx. GAP Needed: $120,000

I am offering 20-25% Cash on Cash return for your investment, with the project timeline of 5 months.

If you are interested, please reach out to me and I can provide a full Investor Proposal that explains the project along with other information.

Thanks!

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