Looking for Lender (Quick turnaround)

[Chad Dickenson]

Looking for funding for a flip here in Olympia, WA. Let me know what you have and can offer us. Here are the details:

Asking Price for home: $225k

Rehab Costs: Approx $25k

LOAN REQUESTING $250k

ARV: $325k

Photos: Available upon request.

Date to Close: As soon as financing can come through.

Chad

[Alex Bekeza]

@Chad Dickenson The two most important things for anyone to quote you on a hard money loan for a fix and flip opportunity are:

• Your FICO Score
• How many investment properties have you bought and sold in the last 3 years

Depending on your experience we can typically secure 90% LTC up to 75% ARV. Rates for experienced flippers with 25+ flips can be as low as 6.75% where as rates for a 1st timer could be upwards of 11% and most investors with some experience will land somewhere in the middle.

In any event, feel free to reach out anytime with financing questions. 

All the best,