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Updated 4 months ago on . Most recent reply

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36
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Gene May
  • Lender
  • PO BOX 201 Osage, MN 56570
4
Votes |
36
Posts

🚨 Seeking Hard Money Lender for Exciting Fix and Flip Opportunity! 🚨

Gene May
  • Lender
  • PO BOX 201 Osage, MN 56570
Posted


We're looking for a direct hard money lender (no brokers) for an incredible investment opportunity at 3440 N Bell Ave, Chicago, IL 60618. Below are the details:

Property Details:

  • Type: Residential Property
  • Purchase Price: $800,000
  • Rehab Cost: $500,000
  • Hold Time: 8 Months
  • After Repair Value (ARV): $1.9 million

Exit Strategy:

  • Rehab, Refi, Rent as Short-Term Rental

Investment Highlights:

  • Located in a desirable neighborhood in Chicago
  • Significant potential for value appreciation post-rehab
  • Strong rental market in the area, providing multiple exit strategies

If you're a direct lender interested in this fix and flip loan, please reach out to us! Give us a call at 218-255-5578 or send us an email at [email protected].

Looking for

Most Popular Reply

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4,113
Posts
2,505
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Jonathan Klemm
  • Contractor
  • Chicago, IL
2,505
Votes |
4,113
Posts
Jonathan Klemm
  • Contractor
  • Chicago, IL
ModeratorReplied

Hey @Gene May - Try connecting with @Cam Schwartz, he is local to Chicago and is a hard money lender.  

I always suggest partnering with a local lender because they know the market and are doing their own analysis, which is a really good double-checkyour deal.  Out-of-state lenders won't know the Chicago neighborhoods as well, and I've seen more of those deals go astray than those with local lenders.

I saw that you are a lender yourself, is there a reason you are looing for outside funding?

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