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Updated about 11 years ago on . Most recent reply

User Stats

13
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0
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Robert Doidge
  • Rehabber
  • Randolph, NJ
0
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13
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Funding or funding advice for an Eastern Virginia flip

Robert Doidge
  • Rehabber
  • Randolph, NJ
Posted

I'm an experienced builder looking for private funding or advice on how to acquire funding for a 3 bed 2 bath flip I have been looking into.

Purchase Price $16,000

Repairs $50,000 (padded for the unexpected)

ARV $105,000(have several in the neighborhood as high as $120,000)

I have the knowledge and ability to do the work but lack the know how on putting together the funding. I have about 10k I can put towards the house so any thoughts or ideas from the BP community about how to make this work would be greatly appreciated, thanks

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