Philadelphia Flip Hard Money Question

[Derrick Alexis]

So I’m in the Philadelphia, PA market and have a property I’m partnering on yet the loan amount would be under $75,000; are there lenders who lend on these type of deals in the area or should I look for something else?

Numbers are as followed:

Purchase price: $20,500

Rehab: $50,000 (contractors estimate)

ARV: $96,000 (conservative)- $110,000