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Updated over 6 years ago on . Most recent reply

User Stats

5
Posts
2
Votes
Joshua Berliner
  • Santa Monica, CA
2
Votes |
5
Posts

Looking for Financing

Joshua Berliner
  • Santa Monica, CA
Posted

Hi all, 

Hoping to put an offer on SFR in the LA County area for $785,000. Offer will come in at roughly $200k below market value, planning on investing $100-150k to bring the ARV to a conservative estimate of $1,150,000.

I have already successfully flipped a project in Santa Monica, finding a unit for $1,050,000, putting $150k into it and getting reappraisal after 4 months of just over $1.4mm. 

Looking for $985,000 loan at 8% with a 1 point. 

Looking for

Most Popular Reply

User Stats

182
Posts
125
Votes
Nick Hedberg
  • Real Estate Agent
  • Venice, CA
125
Votes |
182
Posts
Nick Hedberg
  • Real Estate Agent
  • Venice, CA
Replied

@Joshua Berliner - I know several hard money lenders, I'll PM you.

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