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Updated about 9 years ago on . Most recent reply

Looking for short term loan. Willing to pay 30% ROI
Hi BP.
I have a great flip under contract and I am short on the financing. I have 3 other properties. 2 rentals and 1 flip in the Central Florida area. My flip that I just finished rehabbing will be going on the market this weekend. Most of my cash is tied up in these properties and a great deal was brought to me recently but I won't be able to cover all the financing until my property going up for sale is sold. The flip I have under contract is an off market pool home on a golf course which needs a cosmetic upgrade. I have it locked up at 128k and the ARV based on recent sales in neighborhood would be around 265-280k. I am looking to borrow 40k. It's going to need 30-40k rehab. I am willing to pay 25-30% ROI and will be able to pay it off in 3-4 months. Anyone interested let me know thanks