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Updated over 9 years ago on .

User Stats

14
Posts
2
Votes
Josephe Williams
  • Investor
  • Fort Belvoir, VA
2
Votes |
14
Posts

Looking for BP partners to finance deal

Josephe Williams
  • Investor
  • Fort Belvoir, VA
Posted

I am moving forward on a project in Alexandria, VA. It is a Cape Cod style home that is minutes from Old Town Alexandria, the National Harbor and downtown DC. It has wood floors through most of the main level. Tons of natural light. Priced below assessed value! The property is currently a 3/1. The finished project will be a 4/2. Currently a 4/2 in this neighborhood will sell for $465K. I project a conservative ARV of $425K

I'm looking for $276,250 or 65% of ARV in funding to cover the purchase and some of the construction cost.
 I am also looking for additional investors who would like to earn 10% on their investment of $25-30K.

If your are interested let me know and I can provide more details.

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