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Updated about 1 year ago on . Most recent reply

User Stats

283
Posts
123
Votes
Kerry Boyle
  • Lender
  • Bethesda MD
123
Votes |
283
Posts

Looking for HML for specific scenario

Kerry Boyle
  • Lender
  • Bethesda MD
Posted

Hello Everyone,


I am looking to broker a HML to an experienced investor in Atlanta 5 sold flips experience in past 36 months. 700+ credit.

We have a couple hang-ups:

1. Purchase price $85,000; Rehab Budget: $125,000; ARV: $290,000+.

2. Property has fire damage.

We are getting an engineering report due to the fire and expect to have it prior to close. Looking for 85% purchase 100% rehab. This is a brokered deal, so preferably direct to lender here.

  • Kerry Boyle

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