Looking for lending partner for auction property in DuPage, Will, and Kane County

[Syed Abidi]

Hi all!

I’m an investor focused on buying and renovating foreclosed properties. My fiancée is an architect who collaborates with general contractors and structural engineers, bringing valuable insights. I specialize in property and deal analysis, with a keen eye on optimizing cash-on-cash returns.

We are particularly interested in investing in DuPage, Will, and Kane counties, primarily targeting courthouse auctions. I'd love to meet any private lenders that serve the Illinois area. For details, I can provide one-page summaries for the properties we're considering, which will include details on property condition, ARV, rehab budgets, comparable sales, projected profits, and timelines.

We would love to learn more about the terms and hopefully find a partner from this incredible community. Thank you in advance and I look forward to connecting!

Warm regards,

Syed

[Mary Ainsworth]

Quote from @Syed Abidi:

Hi all!

I’m an investor focused on buying and renovating foreclosed properties. My fiancée is an architect who collaborates with general contractors and structural engineers, bringing valuable insights. I specialize in property and deal analysis, with a keen eye on optimizing cash-on-cash returns.

We are particularly interested in investing in DuPage, Will, and Kane counties, primarily targeting courthouse auctions. I'd love to meet any private lenders that serve the Illinois area. For details, I can provide one-page summaries for the properties we're considering, which will include details on property condition, ARV, rehab budgets, comparable sales, projected profits, and timelines.

We would love to learn more about the terms and hopefully find a partner from this incredible community. Thank you in advance and I look forward to connecting!

Warm regards,

Syed

 Hi Syed, 

We lend on properties bought at auctions! I have a borrower that buys that way quite often and we can lend:

• Up to 90% of purchase funded
• 100% of rehab funded
• 0 origination/lender points, 1 after that
• close in 7-10 days
• between 8.50% to 11% rate

Let me know if you want any more info or have questions!