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Updated over 8 years ago,
Property in Bothell WA - Need Gap Funding for Rehab
Hello!
I have a property to flip under contract in Bothell, WA. A very hot area just outside of Seattle, WA.
Contractors are going out there tomorrow for final rehab numbers but preliminary numbers are this based on proven system for estimating rehab and ARV. I need someone to help me fund the gap needed to close the deal -
Purchase 325k
ARV 480k
Rehab 40k
Funding Needed 89k
Profit for Private Funder =20k
6 month project max - ROI = 23% and AROI =47%
Again these are preliminary rounded numbers - the purpose of this post is to generate interest. If you are interested in partnering with me on this or future deals please email me at [email protected] - once our final numbers come back I will send you an investor packet with hard numbers, comps, pictures, and details of the project.