Seeking Hard Money Loan or JV with Equity Split - $70K+ Profit!
I'm an experienced rehabber and I have a house under contract in West Monroe La that I'd like to fix and flip. The house is 2800+ sq ft, 3 bd/3ba home that sits on a lake. It is in a good neighborhood but has sustained a lot of damage from poor upkeep. I already have bids and a BPO done with comps ready to send. Here are numbers:
Purchase Price: $70,000
Rehab: $80,000
ARV: $225,000
Profit potential: $70,000-75,000
I am looking for an asset-based private money loan for purchase and rehab or JV deal with equity split. If interested, let me know and I can send you more info.
Lena Claybon
(318) 228-1720
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