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Updated almost 8 years ago on . Most recent reply

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Shiloh Lundahl
  • Rental Property Investor
  • Gilbert, AZ
4,372
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Looking for money partner in Apache Junction, Arizona

Shiloh Lundahl
  • Rental Property Investor
  • Gilbert, AZ
Posted

We are looking for money partner in Apache Junction, Arizona to help fund the rehab (17k) of the property that will be closing on at the end of the month. 

 This property is a three bedroom one bath that we are planning on making a three bedroom two bath and selling it on the lease option. 

We are under contract to purchase it at 115 K and we have an estimate on rehab of 17 K. The ARV will be around 170 K when we are finished. The plan is to refinance it after the rehab is done and get a bank loan for it at 75% and pull out the majority of the investment and rehab costs and turn this into a BRRRR house. We have done this five times so far this year.

By partnering up with us, you will gain four things:

1) experience and knowledge about doing a BRRRR house in Arizona.

2) The list of contacts who we use in our system of a flipping a house from start to finish including contractors, insurance agents, realtors, hard money lenders, and everyone else involved.

3) you will gain credibility having done a flip where you are and money. This can help you get hard money loans for your own flips in the future.

4) money. You'll earn 10% APR on your money while it is invested in the project.

If you were interested give me a call. Shiloh at 480-206-1209.

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