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Updated almost 11 years ago on .

User Stats

149
Posts
92
Votes
Dustin Faeth
  • Real Estate Investor
  • Columbus, OH
92
Votes |
149
Posts

New Rehab in Hot Market - Seeking Private Lender for Project

Dustin Faeth
  • Real Estate Investor
  • Columbus, OH
Posted

We just picked up a great home from Sheriffs Auction located in the charming and desirable Clintonville area of Columbus, Ohio for our next rehab project (our 13th this year). This is a mostly cosmetic upgrade, as the home already has a newer roof and windows, mechanicals in good condition, and great structure. We will be refinishing the original hardwood floors on the lower level (huge selling feature in this area) and putting our main focus on updating the kitchens and bathrooms, with standard cosmetic upgrades throughout the rest of the house. Houses in this Clintonville area are selling quickly and for top dollar making this another great project for our experienced team!

·ARV: $220,000

·Repair Estimate: $40,000

·Purchase Price: $121,000

·Estimated Closing/Holding Costs: $5,000

·Total Funding Requested: $166,000

·Total Estimated Hold Time – 3 Months

Please send me a private message if you are interested in being a part of this deal, and I will provide all supporting documents and we can negotiate terms for your return! Thanks

Dustin

  • Dustin Faeth