Butler Tarkington Rehab opportunity

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Butler Tarkington Rehab opportunity

Dave Snider
Investor · Indianapolis, IN · Member since 2014 · 23 posts · 4 votes

Looking for financing on solid rehab opportunity in Bulter Tarkington, Indianapolis.   Here is overview...

ARV value $396,000 (using $150/sq ft x 2640)

Rehab budget approx $120k

Purchase approx $190k.

Holding cost, excluding financing, approx $450/month.   

Total costs, with estimated financing $326,000.   I'm looking for $140k - $200k in funds.   My credit score is around 782, will pay 10-12% annualized on funds.   Please let me know if you are interested.   Thanks,  Dave

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  • Sean RichwayBusiness Member
    Lender · Chevy Chase, MD · Member since 2015 · 1k+ posts · 136 votes
    10y

    @Dave Snider  If you are still looking for funds for this project I may be able to help out here.  I could come in with between 10-11% interest only for 12 months and could fund the $140K or up to $210-230K for a loan amount to lower your out of pocket costs.  Feel free to email me directly at [email protected] if you are interested.

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