$375k Newport Beach, CA Gap Funding - 50/50 Split of Profits

[Christopher Winkler]

Looking for Gap funding for a high end Newport Beach condo, blocks from the Ocean, Balboa Island, and Fashion Island shopping.

• ⢠ARV: $1,700,000.00
  • As-Is Value: $1,300,000.00
  • Purchase: $1,160,000.00
  • Purchase 75%: $975,000.00
  • Gap 25%: $185,000.00
  • Rehab & Carry: $189,725.35
  • Total Funding Needed: $374,725.35

A LLC will be formed to make the acquisition, owned by Gap funder & Manager.

PM me for more info...