Seeking Private Money for a South Philadelphia Wholetail

[Tim Lees]

We are looking for a short term lender for this deal. What we are seeking is $105k for 3-5 months. Contact to discuss terms that work for you.

Purchase Price : $100k

Closing Costs (In and out): $12k

Resale Price: $140k

Potential Profit: $28k

This is the type of deal we refer to as a “Wholetail.” We are buying it for a wholesale price (that also works for a rehab) and selling it to a retail buyer. The house is in livable condition.

COMPS

Similar Condition selling in under 30 days