Investor · Hugo, MN · Member since 2016 · 208 posts · 68 votes
We have two awesome properties that we are supposed to close on Friday, yes Friday 12/29 and we need to secure the gap for both of them. In addition we have a new property under contract to close on 1/15, with the holidays our normal sources for funding won't look at it until after the first of the year so leaves us short on time. Here are the summary details on the properties with the length of time we need funds. All projects are located in the Twin Cities in MN. We are open to discussing terms, we have all the paperwork ready for your quick review:
Project #1: (closing 12/29) PP: $320,000 Repairs: $155,000 ARV: $615,000 Looking for $95,000 for 6-9 months.
Project #2: (closing 12/29) PP:$370,238 Repairs: $203,660 ARV: $720,000 Looking for $120,000 for 6-9 months
Project #3: (closing 1/15) PP: $203,000 Repairs: $84,371 ARV: $365,000 Looking for $290,000 total in 1st and 2nd position or if you are interested in fully funding.
Please see attached for one page summaries, full investor packages are available upon request.