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Updated over 10 years ago,
Need private lender
Hi
I need a private lender for a a house that I am buying to hold as rental. Details below
Purchase price. 47k
Rehab 38k
ARV 125k
I would need funding for 47+38= 85k. That is 68% of ARV . The 38k rehab can be release in stages as rehab progresses,
I would refi to conventional loan in 3-8 months . We can talk if the funding can be done for longer term.
I have the house under contract now.
Location : San Antonio, TX
Let me know if anybody need more details.
James