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Updated over 8 years ago,
Private Lender Needed - Montgomery County, PA Deal
I am looking for a private money lender for a buy and hold project for a sober living home that I am considering a deal on. Details below:
Purchase Price: $149,900 motivated seller willing to negotiate
Closing Costs: $5,301
Rehab Cost: Not Needed (move in ready)
Expenses: $15,000 for initial operating costs ( I will give a full breakdown if needed )
Total Investment: $170,201
Neg. Terms: 10% ROI at interest only for 24 months. Will Cash out refinance within the 18 months of the term.
Monthly Payment: $1,418.34 for 24 months
Total ROI: $204,241.16
If you need any other information and are seriously considering, let me know.
Thank you,
Charles
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