Looking for financing on fix & flip

[Alex Langerhorst]

Hi,

I have a bank owned property under contract and I'm looking financing. I have multiple exit strategies but my main is to quickly turn this property around and sell it quickly for 580k. I've done multiple deals like this before, I'm actually closing on a deal that I rehabbed in 10days.

Where: Greenwich CT

Price: 450k

Size: 1438sf      3bedroom/2 bath. 

ARV: 575k - 640k

Amount of repair: 30k (I will finance this)

Example Properties that have sold in the same neighborhood within the last 90 days:

*3bed/2bath. 1152sf for 650K  (9/19/ '17)

*3bed/2.5bath. 1628sf for 645k. (10/11/'17)

Zillow link:

https://www.zillow.com/homes/for_sale/57304855_zpi...

Zillow link

If interested, please contact me ASAP!

Alex

Keywords:

CT, private money, Byram, bank owned, fix & Flip, Connecticut, Greenwich, single family home, investor

[Simmy Ahluwalia]

Hey Alex, happy to help here.  only.  If you're going to fund the rehab yourself, then max leverage on purchase only will be 75%.  

Also, if you are an active flipper, you should look into our fix/flip Line of Credit Program.  Terms are the best in the industry and once approved, you can close in 2 weeks with each deal submitted.

Email:  [email protected]