Updated over 8 years ago on . Most recent reply
Another Great Private Lending Opportunity w Experienced Team!
Hello BP!
My company, Blue Chip Development Group (www.livebluechip.com), has another great rehab property under contract and seeking funding for the project.
We are an experienced team with over 80 fix and flips in the last 3.5 years, with almost all being retail flips (not rentals). The subject property is in the same neighborhood as 4 others we've purchased in this area in the last 6 months, so we know the neighborhood, the housing construction, and the numbers very well.
Details and numbers below - Comparable package, repair estimate, and deal analyzer / rent analyzer available upon inquiry/request. Contact me for additional information if your interested in learning more!
Project Summary:
This is mostly a cosmetic rehab that consists of new kitchen and baths: flooring, cabinets, counters, sinks, toilet, mirror. This home has hard wood floors throughout that we will sand and re-finish. The house
The Numbers:
Purchase: $40k
Rehab: $15k
ARV: $85k-$90k
Ren Comps: $900/month
Seeking $55,000 for 4-6 months
-- Your investment will come with a promissory note and mortgage giving you lien position and will get recorded at closing.
Contact me for more details! [email protected] / 614-571-0910
Thanks in advance!