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Donald Banks
  • Investor
  • Joliet, IL
13
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60
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ATTENTION INVESTORS: EARN 15% / 4 POINTS ON A SHORT TERM LOAN

Donald Banks
  • Investor
  • Joliet, IL
Posted Dec 22 2014, 09:33

I'm looking for an investor, to fund my next rehab project. I have under contract a 4br., 2ba., 2,030 sq.ft. two story home in Crete, IL. Acquisition and rehab costs(including contingency fund) combined are under 60% of ARV.

Home has large eat in kitchen, master bath, 2 car detached garage, living room and family room. Can be priced well below market average for quick sale. Projected 6 week turnaround.

Acquisition costs........$42,322 (including closing cost)

Carrying costs............$ 2,200 (120 days)

Rehab costs...............$44,500

Total...........................$89,022

ARV..........................$158,000

% of ARV.........................58%

Projected Sale Price $130,000

Email me for investor proposal or if you have any questions.

Offering

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