Looking for Funding : Off Market deal in Delmarva

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I'm looking for private money to help fund an off market deal in a small town on Delmarva. Vacation rental spot with consistent STR revenue during the summer and 6 month LTR in the winter.

Property is a 1bd/1ba. Needs $5k in reno. ARV $135k.

Will share more details with interested parties. 

Generally speaking, given the small loan balance, we'd be 12-14% and 5-6 points. Can close in 2-3 weeks. The starting point would be 50% LTV (Purchase) and then roll the closing costs on top of that. If this works, let's take this offline ([email protected]) and we can exchange more details there and I can get you a firmer quote based on actuals. Thanks!

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