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Updated almost 3 years ago on . Most recent reply

User Stats

15
Posts
5
Votes
Ivan Rubio
  • Investor
  • Derry, NH
5
Votes |
15
Posts

Looking for private lender

Ivan Rubio
  • Investor
  • Derry, NH
Posted

Hi! I am looking for a private lender on a deal. I would need 13 months interest only. It’s a condex in Derry, NH. 

Purchase price is $275,000 and as-is value is $297,000. Purchasing under market value. I have a contractor lined up to do $40,000 of work. The property has an ARV of $375,000–$380,000. I can put in $75,000 (80% of ARV). I would need funding for the remaining including construction. Would anyone be interested?


note: I’ve done 2 deals and this would be my 3rd.

  • Ivan Rubio
  • Looking for

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