Private Loan REO $90-100K, 3-6 months, Pre-Apprvd. for Trad. Loan

3 Replies

Looking for Private Money lender for purchase of distressed REO 2/1.5 on 2+ ac near Joshua Tree, CA.

-$90K purchase

-$15K for minimum repairs to be able to refinance under traditional loan

-3-6 months repair time

-$150K + ARV

-Credit score > 780

-EM ~$14K

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 

Duke, I need an email address and a phone number so we can talk about it.  Hope to hear from you. 

Reggie Truss

Hey Duke

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

www.p23finance.com

Duke:

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.

Regards.

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