Seeking private financing- 1st position DOT

[Jared Vidales]

Property: 14801 N Gallatin Blvd, Brook Park, OH 44142

Purchase Price: $30,000

Rehab: $22,500

ARV: $90,000

Seeking Secured Debt: $20,000

Loan-to-Value (LTV): 30%

Interest Rate: 10% (annualized, no points or fees)

Loan Term: 12 months, interest-only

Expected Hold Time: 6-7 months

Comparable Sales: 

14928 Fayette Blvd,Cleveland, OH 44142....$123,000

14689 S Gallatin Blvd,Brookpark, OH 44142...$94,000

6017 Stark Dr,Brookpark, OH 44142......$115,000

How We Will Add Value: Substantial equity will be gained upon purchase. Will add further value through rehab, and meeting city inspection requirements. 

Pictures: https://www.dropbox.com/sh/kdn0l4h1svazrup/AAAG_Y_...

Jared Vidales

[email protected]

530-219-6792