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Updated over 7 years ago on .

User Stats

37
Posts
2
Votes
Austin Kuritz
  • Hazel Park
2
Votes |
37
Posts

Looking for private lending on great first deal opportunity

Austin Kuritz
  • Hazel Park
Posted

Hello BP, I received a great looking opportunity to get started in real estate funding from a wholesaler, however I need financing and won't be able to go through traditional bank lending because this is a cash only deal. I can put a down payment and i can provide my odd report along with comps and more details about this project, just pm me for more info.

SFR 3 bed 1 bath, 1050 sqft, in Redford MI, 48239, currently rents at 800 but can be increased to at least 950.

Asking price 51,000 possibly less in negotiation, has equity, cash flows 150 a month with 12% ROI. ARV is 70000 on the low end.

Looking forward to your responses.

Respectfully, 

Austin 

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