Help me finance this deal
BP community,
I have calculated out what appears to be a lucrative flip opportunity (will be my first one). My agent brought it to me and I have already had a bid from a general contractor on expanding it and rehabbing it. Everything looks good numbers wise but I need to get an approval letter so I can put in my offer. I only have contacts for hard money lenders in that area. Does anyone have a good broker in the TX area? I have reached out to a few and am waiting for replies but figured I should post on here to get some recommendations for a true and tested lender. I have $20k to put down along with money to pay any closing costs and the rehab costs so I don't need hard money (and frankly don't want to pay the interest on those), hence why I am looking at conventional.
I have attached the report I did on the flip calculator (if anyone wants to check it out and see if I am missing something [this rookie would appreciate it]). Thank you all!
-Ronnie
*This link comes directly from our calculators, based on information input by the member who posted.