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Updated almost 10 years ago on . Most recent reply

Jim Viens's profile image
Jim Viens's profile image
Jim Viens
  • Rental Property Investor
  • from Kansas City, KS
  • Member since May 26, 2014
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Jim Viens's profile image
Jim Viens's profile image
Jim Viens
  • Rental Property Investor
  • from Kansas City, KS
  • Member since May 26, 2014
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Jim Viens
  • Rental Property Investor
  • Kansas City, KS
222
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Seeking partner for Kansas City rehab

Jim Viens
  • Rental Property Investor
  • Kansas City, KS
Posted

Need a partner on my first rehab. I have an HML lined up but am short on cash to complete the deal. ARV is $140,000, property needs about $70,000 in rehab and I'm getting it for $13,500. I'd like to have something lined up by next week as the seller is a little anxious to get this property off her hands. Contact me for more info if you're interested!

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Mark Gallagher's profile image
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Mark Gallagher
  • Flipper/Rehabber
  • from Allentown, PA
  • Member since Jan 11, 2011
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Mark Gallagher's profile image
Mark Gallagher's profile image
Mark Gallagher
  • Flipper/Rehabber
  • from Allentown, PA
  • Member since Jan 11, 2011
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Mark Gallagher
  • Flipper/Rehabber
  • Allentown, PA
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Mark Gallagher
  • Flipper/Rehabber
  • Allentown, PA
Replied

@Jim Viens

That's a huge rehab for your first project. Have you thought about just selling it to another investor for ~$18,500? Just my 2 cents. 

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