Seeking $45K Private Money – Spokane, WA

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Seeking $45K Private Money – Spokane, WA

Member since 2026 · 3 posts · 2 votes

I'm based in Portland, Oregon, and under a signed contract to purchase a Freddie Mac REO investment property in Spokane, WA.

Purchase price: $143,745
My available funds: ~$107,000
Private money needed: $45,000
Current estimated value: ~$278,000
Estimated ARV: ~$350,000

I already have a financing option and Proof of Funds through EquityMax, but I’m exploring private money options with better terms for this deal.

Ideally looking for a 6-month term with no prepayment penalty, with the intention of paying it off earlier if possible.

Primary exit strategy: renovate the property and refinance into long-term financing. Backup exit: sell the property after renovation if needed.

I need updated Proof of Funds by 4 PM PT tomorrow, September 11, so I’m looking for someone who can move quickly.

I’m available to meet in person in the Portland/Vancouver area.

I’m also interested in building a relationship with a private lender for future investment opportunities.

Please DM me with your proposed terms if interested.

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