trying to figure out how to get funding for an expensive fix and flip

[Landon Leon]

I'm an experienced contractor in the Florida panhandle. I have found a great deal on a home in a highly sought after affluent area

The purchase price is 1.75 million and this includes architectural and engineering plans to completely update and expand the property with an 

ARV of 3.6 million.

This deal was made by a prestigious local building firm who has decided to pursue a different opportunity in another state. 

I'm confident I can complete the construction well under the outlined budget of 975k (which also included their builders fee).

At this time i can come up with maybe 250k for a down payment for a hard money loan. 

Im curious if anyone has any advice on how i can get this deal done without taking on partners or taking too big of a hit on interest. 

I expect the project will take 12 months .

I appreciate any helpful input. thanks

[Carline Diaz]

Hi there,

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