Experienced Rehabber Looking For 50/50 Funding Partner (Rahway, NJ)
Hi All. I'm an experienced rehabber (15+ years) looking to establish a 50/50 joint venture with a funding partner on a light rehab. The property is a 2 family in a stable neighborhood of Rahway, NJ. A quick snapshot of the numbers are below. Please PM me or email me at [email protected] for more questions.....
Purchase Price & Acquisition Costs: $115,000
Rehab Estimate: $12,500
Total Capital Required: $127,500
Projected Resale: $175,000
Projected Gross Profit: $47,500
Project Timeline: 2-4 Months
Projected Net Profit: $ 32,450
Investors 50% Profit: $16,225
Investor's ROI : 12.7%
Investor's Annual Yield: 38.2%
Looking for