Seeking 70k Repair Loan On a 30K Purchase Price Rental; 150k ARV
All:
Seeking a Hard Money Lender for a short term loan to purchase a rental in my market in Columbia, South Carolina. About the deal:
Purchase Price: 30k
Improvements: 70k
Total Investment: 100k
ARV: 150k
Loan length needed: 12-14 months
Will have permanent financing after the property has been remodeled.
Let me know if you lend in this area and what your terms are. Thanks for looking.
Looking for