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Updated almost 8 years ago,
Looking for JV Partner for Boerne Flip
I have a contract on a historical home in the highly desirable downtown area in Boerne, TX (San Antonio metro area) that I am looking for a JV funding partner (50% of final profit). I have 70% & rehab financing available and I am looking for the partner to bring in the gap funds. The project purchase is $214K, $100K rehab (full gut and redo), ARV $425K. Rehab is estimated to take 6 months to complete. The inspection period will expire 10-8-16 and close is scheduled for 10-14-16.
PM me if you are interested.