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Updated almost 9 years ago,
Partner or Gap Funding needed for a KILLER DEAL in Denton, Texas
Ladies and Gentlemen, I have an AWESOME deal and I have hit a bit of a roadblock. I have an investor who will lend 90% purchase price and 100% of rehab. Since I am a new investor, I need a partner or gap funder willing to help me start out, and earn liquid capitol to continue. The owners are in foreclosure, and need this closed by the end of March.
8417 Stallion St, Denton, TX 76208 (More pics on Zillow)
5 beds 4 baths 3,980 sqft
Under contract for $379,500
AS-IS value $425,000
ARV $525,000 -$540,000 (via realtor and fellow rehabber)
Est. Repair $25,000 or less (owner is wheelchair bound, and there is wear along many walls and some doors, and the wooden patio out back needs repaired along with some landscaping)
Custom home on a heavily treed 2 acre lot is perfect for entertaining. From a game room
with a wet bar to the formal dining room. Perfect for sports parties or dinner parties.
Gourmet kitchen with stainless appliances, warming oven and granite counter tops. You will
love the real wood floors and you can see a tree out of every window. Movie nights are
wonderful in this gorgeous media room. Solid wood doors on each room and a stunning trim
package.
out.