Seeking Fix & Flip Financing - Pittsburgh - Deal Under Contract!
Seeking Fix & Flip Financing - Pittsburgh, PA - Deal Under Contract
Deal Under Contract!
Offering 5% ROI plus 10% Net Proceeds; OR $5K, whichever is greater, for $65K in SFR - Retail Fix & Flip Financing:
150% Property Purchase LTV ($25K Property + $2.5 Assignment + Closing Costs/Fees) + 110% Rehab LTV ($25K Rehab + 3-Month Reserve)
Less than 6-month Purchase-to-Sale Turnaround. Buy-Side Closing to be held February 28th, 2019 per Sales Agreement; Tentative Sell-Side Closing date is August 29, 2019.
Minor rehab located in a solid working-class neighborhood on a quiet street neighboring a family-friendly park with community pool. Only 10 minutes to Downtown Pittsburgh, PNC Park, Heinz Field, PPG Paints Arena, & Rivers Casino. Near Bus Line. Spacious 2-Car Garage! Easy 2-bedroom to 3-bedroom conversion value-add!
01/11/2019 CMA Comps Report: Average - $113.3K; High - $153.4K; Median - $110.5K; Low - $85.4K
Conservative ARV: $103,450.00
Rehab crew currently finishing up a SFR - Rental Fix & Flip in the next 10-14 days; tools and materials scheduled to be forwarded to this SFR - Retail Fix & Flip project upon completion.
FT Pittsburgh REI; Tradesman/Contractor.
Opportunity to establish, in good faith, a profitable, long-term lending relationship while enjoying consistent, hassle-free returns and lender repayment preference. Please contact privately to view Investor Prospectus & discuss financing terms. We look forward to doing business with you, thank you.
Cheers to OUR future success!
-The Crew @ Dane Real Estate Group
These statements are not guarantees of future performance and undue reliance should not be placed on them. Such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause actual performance and financial results in future periods to differ materially from any projections of future performance or result expressed or implied by such forward-looking statements.