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16
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Gene H.
  • Redmond, WA
0
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16
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Looking for a private money lender

Gene H.
  • Redmond, WA
Posted

Hello BPers:

I am looking to rehab a duplex I own free and clear in Spokane, WA. Here are the details on the opportunity:

1884 sq foot house = 942 per unit

Built in 1923

Cost of Renovation = $70,000

Estimated ARV = $130,000

Time to rehab = 4-5 months

Exit Strategy: Upon rehab completion, I'll get a traditional mortgage and pay back the Private Money Lender in full, plus 10% interest ($77,000).

About me: I'm currently completing my 2nd rehab on an investment property. I do not live in Spokane, but I have a General Contractor I've been working with this past year, and I travel there occasionally to check on things.

I can send you pictures of my other projects if you'd like.

Let me know if you are interested and thanks for your time!

Gene

Looking for

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2,283
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Charlie Fitzgerald
  • Lender
  • Las Vegas, NV
1,102
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2,283
Posts
Charlie Fitzgerald
  • Lender
  • Las Vegas, NV
Replied

Not yet...we're going to get there though! Stay in touch with me!

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