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Updated over 11 years ago on . Most recent reply

User Stats

1,158
Posts
655
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John Horner
  • Flipper/Rehabber
  • Columbus, OH
655
Votes |
1,158
Posts

Seeking private funds for Short North Flip in Columbus, Oh!

John Horner
  • Flipper/Rehabber
  • Columbus, OH
Posted

My business partner and I just got a property under contract in a very desirable neighborhood in Columbus, OH!

We have typically used our own money but we currently have 4 properties in contract, 1 of which is a buy and hold and we are looking for funding for this one in particular.

We already have our contractors quote (this will be his 4th rehab with us) and we are ready to go. We close in 2-3 weeks and are looking for private funds to use.

Here are the numbers for this particular deal:

ARV: $200,000

Purchase: $116,000

Rehab: $30,000

Buying & Holding Costs:$8,000

Money borrowed: $154,000

Please Private Message me and I will give you the details on the property. Rates and Terms are negotiable.

  • John Horner
  • Loading replies...