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Updated about 11 years ago on .

User Stats

149
Posts
92
Votes
Dustin Faeth
  • Real Estate Investor
  • Columbus, OH
92
Votes |
149
Posts

SEEKING PRIVATE LENDER WHO WANTS A 3-MONTH RETURN FOR ONLY 45 DAY HOLD TIME / END BUYER ALREADY IN PLACE!!

Dustin Faeth
  • Real Estate Investor
  • Columbus, OH
Posted

SEEKING PRIVATE LENDER WHO WANTS A 3-MONTH RETURN FOR ONLY 45 DAY HOLD TIME. **END BUYER ALREADY LINED UP!! We currently have a property we are purchasing to rehab, place tenants, and sell as a turnkey rental property to an end buyer that we already have in place. This is a light rehab and the buyer is financing the property with a bank loan, so the total hold time for the lenders funds on this deal should only be about 45 days, but we will pay minimum 3 month return to our lender. Below are the numbers:

PURCHASE PRICE: $25,000

REHAB COST: $4,500

CLOSING COSTS & HOLDINGS COSTS: $4,000

TOTAL FUNDS NEEDED: $33,500

ARV/SALES PRICE: $60,000

Please send me a message here on BP or email me at [email protected] if interested in being our lender for this project and we can discuss terms. Thanks!

Dustin

  • Dustin Faeth