Updated over 10 years ago on . Most recent reply
Seeking private money for Baltimore rehab w/great spread
Hello, my name is Brian Huber. I'm an investor based in northern VA and found a great deal on a Hud home in Baltimore. I'm seeing private money to finance the deal. I've already looked at the property and had a contractor evaluate. Here are the details:
ARV: $220k
Repairs: $25k
Price: $115k
Holding costs: $5k
Potential profit: $53k
i think the price could come down further and the numbers are conservative. The contractor is reputable and I can manage
The rehab. Thanks and I look forward to speaking further.
-Brian
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