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Updated over 8 years ago on .

User Stats

126
Posts
65
Votes
Eric Metz
  • Real Estate Investor
  • Little Rock, AR
65
Votes |
126
Posts

140k ARV Seeking 54% 1st Position

Eric Metz
  • Real Estate Investor
  • Little Rock, AR
Posted

I've grown too quick and haven't focused on securing private lending as much as I should. Needless to say that is a 2017 priority. I have a number of deals, including a current rehab and another to start in January, that have private lenders as part of the deal. Most are funding directly from their IRA's and I have education and experience so that I make sure things are done with diligence and correctly.

I locked up a great deal today that is in Sherwood, Arkansas which is close to Little Rock. It is a B class neighborhood with high demand. We have flipped houses in this area before and have another active Rehab just a few streets over. I am looking to discuss the opportunity of working with other lenders and see if we are a good fit for each other.

Property Address: Just message me directly if interested. I have a contract and have filed a memorandum of contract. 

  • ARV: $140,000
  • 4 Bed 3 Bath (Rare in this area and highly sough after)
  • 1680 SQFT
  • Quit and Safe Low Crime Neighborhood
  • Interest: Let's discuss what you might be offering
  • Principle: $75,000
  • Secured by first place Mortgage and Promissory Note
  • Term 1 Year with 90 Day Minimum Interest
  • Payment: Prefer Accrued for simplicity state but negotiable based on rate.
  • Exit Strategy is a full rehab and on market with expectations right at spring time.

Call me directly at 501.246.0062 or email me at [email protected]. I am happy to provide references, past projects, etc. Thank you.

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