High Return Investment Opportunity in Chicago Heights

[Matthew Bernal]

Hey BP Community! I have an easy fix and flip located in the Chicago Heights area and am looking for a private investor to come in with the gap funding! 

**I AM NOT LOOKING FOR A HARD MONEY LENDER OR AN INSTITUTIONAL LENDER! ONLY RESPOND IF YOU ARE A PRIVATE INDIVIDUAL LOOKING TO USE YOUR OWN CAPITAL TO INVEST IN REAL ESTATE PROJECTS!**

Property Information:

Property Address: 169 Martin Lane, Chicago, IL 60411

Purchase Price: $95,000

Rehab Budget: $20,000

Hold Time: 60 Days

ARV: $210,000

Close Date: March 14th

Return Information:

Loan Amount: $40,000

Return: 15% Flat Return

Total Return: $6,000

Financial Snapshot:

Purchase Price: $95,000

Rehab Budget: $20,000

PML Contribution: $40,000

PML Return: $6,000

Total Loan: $161,000

LTARV: 76%

Lender Security:

Promissory Note

Personal Guarantee

JV Agreement

2nd Lien Recorded on Deed of Trust

Investor Name on Property Insurance

Investor Name on Builder's Risk Insurance