Hard money to finish renovation for SFH/STR

[Kevin Kohler]

Hi,

I have a client that bought a home a year or so ago to hit and renovate to a great quality SFH to be used for STR revenue. After the initial contractor scammed my client for some big deposits, they were able to get things moving in the right direction. They have since finished all structural and most framing and my client is coming up short to finish the project. We are seeking the remaining 130-145k as an interest only loan for a few months to install finishes/punch list and then my client wishes to re-sell the property to recoup her losses and pay back the debt.

I'm looking for someone interested in offering a short term hard money loan to complete the Reno and allow us to market the property at its ARV value in the $900k range versus selling it as-is, which would be a precarious position selling a half-renovated house.

Location: West Palm Beach

Purchase price: $400s

Seeking: $145k

Credit: 720+

ARV: $900k+

If you would be interested in discussing a private note for this, please message me, call, text, etc.