Looking for Financing
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