Looking for Private Money lender for purchase of distressed REO 2/1.5 on 2+ ac near Joshua Tree, CA.
-$15K for minimum repairs to be able to refinance under traditional loan
-3-6 months repair time
-$150K + ARV
-Credit score > 780
Would owner-occupy after Refinance, but AirBnB it for a majority of each month. Additional mother-in-law/storage dwelling on site.
Property bank owned. Pre-approved for traditional loan after minimum repairs.
Several co-flips under belt. Had another JTree cabin under contract earlier this year; punted on it because of unfavorable renter-tenant developments. Knowledgable of the area with a network of 6 other colleagues' homes.
Let me know your terms and thanks for looking!
Duke, I need an email address and a phone number so we can talk about it. Hope to hear from you.
I can get it done for about 10% of the purchase price... We'll cover the rest...
- First Time Investors Welcomed
- Minimum FICO 600
- Close in 7 Days
- Same Day Terms
- Rates as low as 8%
- Up to 90% LTC
- 100% Rehab
- 13 Month Term (No Pre-Payment Penalty)
- Purchase or Refinance
Cash Wizard Capital would love to provide the funding you need for your REO purchase and rehab.
Please call or text me at (305) 607-2104, or e-mail me at [email protected]
I’d appreciate the documentation you have on your deal via e-mail.
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