Classifieds
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Creative Real Estate Financing
presented by

Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated 2 months ago on . Most recent reply

Soliciting for fix and flip lenders (beach property)
Searching for a reasonable lender to fund a fix and flip.
There are two of us applying, one of us has never flipped a property but does have multiple buy and holds, the other partner has done 40-50 deals 5-8 years ago.
The deal:
looking at an off-market deal on the beach in Pinellas County, Fl
2 story home on the water
3,800 sq ft.
5 bed 6 bath
Price: 1.5 mill
ARV: 3.1 mill
renovation costs will run 400k
I can put up to 200k down for purchasing.
Looking for 100% renovation coverage with 6-9 months to sell.
Willing to pay points/put up property as collateral etc.
Reach out with your options and offers.
Would like to move on this ASAP.