Hot Rehab Deal Seeking Private Lender for Funding...Great Return!!

[Dustin Faeth]

Hello BP!

My team has another great rehab project under contract in Columbus, Ohio (our 13th of the year) and we are seeking a private lender to help us fund the project in exchange for a great return. Closing date is scheduled for 5/30/14 so we need to act fast!!

This property is located in a HOT area of Columbus (Clintonville) where properties are selling as soon as they hit the market and for top dollar. Below is a summary of the numbers on this one:

ARV: $350,000

Purchase Price: $220,000

Rehab Cost: $48,000

Holding & Contingency Costs: $5,000

Total Funds Needed for Project: $273,000

Estimated Total Hold Time: 3 Months (from purchase to resell)

If you are interested in working with our experienced team on this deal, please message me with your contact info and I will send you the full property package with all supporting information (CMA, repair estimate, property card, etc.) and we can discuss terms. Thanks!

Dustin