Classifieds
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated about 8 years ago,
Seeking Funding for a property under contract in Pueblo.
Greetings Colleagues:
I have a Single Family House in Pueblo Colorado under contract and I am seeking a hard money or private lender to finance a flip, however, I am also open to having it be a buy/hold/rent deal as well. It's in a very good area of town, near Colorado State University-Pueblo. Please see the specs below:
ARV = $163,660
Purchase price: $121,900
Closing costs: $3,500
Rehab: $9,500 (mostly cosmetic)
Carrying costs: $1,050 x 2 (60 days rehab max)
I would prefer not to pay any more than 9% , but can push to 10%. Total amount needed is $136,000. I have the .pdf if you need numbers. Closing is within 30 to 45 days, however I do need a prommisory note in the next coming days (seller has requested it).
Thank you,
Lyle McCartee
McCartee Holdings, LLC