Experienced investor looking for private rehab loan

[Jeremy S.]

Hello BP,

I'm looking for a private money loan to fund a fix and flip deal in the Harrisburg Pa area. I'll start with some information about myself and my experience.

- I work full time as an electrician (night shift) and I work part time as a licensed RE agent

- Credit score: 700+

- Salary: $85,000

- Gross rental income: $45,000

- Equity in my RE portfolio: $190,000

My experience:

- I own and manage 5 single family rental properties all of which required significant renovations to make rent ready.

The Deal:

- Detached single family home

- 2200 sq ft

- 4 bed 2.5 baths

- Desirable neighborhood and school

Purchase price: 117,500

Total repairs: --- 45,000 (10 weeks)

Expected days on market 30-45

ARV= 235,000

I would be willing to provide the following information for anyone interested in this investment:

- Personal credit reports and scores

- Copies of all documents that would be used to secure your interest in the property, including the mortgage and promissory note

- List of recent comparable sales for the property you will be lending on

- Photos, list of repairs and financials from all previous projects

Thank you