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Updated almost 9 years ago,

User Stats

47
Posts
3
Votes
Sergey Perevalov
  • Investor
  • Northridge, CA
3
Votes |
47
Posts

Looking for Private/Hard Money Investor for Winter Haven, FL SFR

Sergey Perevalov
  • Investor
  • Northridge, CA
Posted

Hi Everybody,

I am looking for a private or hard money lender.

This is in regards to a SFR in Winter Haven, FL. The property is currently under contract with cash offer. Closing is in less than 30 days. I am looking for a private or hard money lender who is interested in short term investing (12-24 months). I am planning to get this property fixed and rented out and refi once it's done. The property is in good neighborhood and will make a good rental.

Address: 233 21st St SW, Winter Haven, FL 33880

House is under the contract with purchase price of $57K. It needs repairs and estimate is $30K.

County’s appraised value is $110K

ARV: $150K+

House is 2798 sq.ft (4 bd, 2 ba) which equals to about $20/sq ft. There’s a guest house on the lot as well which can bring additional income. It has a large lot of 0.43 acres.

Estimated rent is $1100 for main house and $400 for guest house = total is $1500.

10% cash on cash return.

Additional photos, analysis, cma etc. can be provided upon request.

Thank you. 

Looking for

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