Lender needed for deal in Montgomery County, PA
I am looking for a private money lender for a buy and hold project for a sober living home in Norristown, PA. Details below:
Purchase Price: $149,900
Closing Costs: $5,301
Rehab Cost: Not Needed (move in ready)
Expenses: $15,000 for initial operating costs
Total Investment: $170,201
Neg. Terms: 10% ROI at interest only for 24 months. Will Cash out refinance within the 18 months of the term.
Monthly Payment: $1,418.34 for 24 months
Total ROI: $204,241.16
If you need any other information and are seriously considering, let me know.
Thank you,
Charles
Offering