PML or HML needed -- closing 1/18

[Sarah Brown]

hey y'all. I have a property under contract in South Carolina. I am a newbie and need funding. If you can help, let me know 

PP: 60K

Rehab: 40k

Exit strategy : sell

Termite inspection is today & home inspection is tomorrow. We are closing 1/18.

[Paul Crosby II]

Hi Sarah,

Congratulations on your first deal!

When you say "sell" can you include ARV(after repair value) and what comps you used in the neighborhood to come up with that value?

It would also help to describe what exactly is being rehabbed, what the current property condition is and how much money you are willing to put into the deal( most HML require 20% or cross collateralization

This is from my experience working with HML as I have a few underwriters i work with, hope this helps