FOUND A GEM- Need HML/PML/Creative Financing due to Multi-Use Space and PP

[Rachel Snider]

Hello,

After analyzing what feels like 100 deals in the last few weeks, I've found one that has great potential. We are experienced Fix/Flip SFH/STR investors, but this property is a multi-use, with a commercial space on level 1, and 2-3 residential units on level 2 + 3, so lending options aren't as straight forward.

PP: $78k

ARV: $743,580

Rehab: Estimated $220,320 @ $40 sq/ft (Property is greater than 5000 sq ft!)

Most HML that I have spoken with will not lend on a rehab that far outweighs the PP, or is a Multi-Use. The area is a great up-and-coming location and values continue going up. The property is already fully gutted and ready for rehab.

Any leads/connections would be greatly appreciated (property is located in Ohio).

Best, Rachel