Hard Money / Private Lenders in SE Connecticut

[Frank Longo]

Good Afternoon,

I am inquiring to see if anyone knows of any lenders in Connecticut that would be interesting in loaning on a current deal of mine. I am using the BRRRR strategy and paying cashing for the property and due to close on 4/21. A week later I am refinancing our first BRRRR house with a local bank that we purchased back in October. Below are the details;

Address: 13-15 South A St, Norwich Ct 06360

Purchase price: $43,600 Rehab: $20K ARV: $145k-$150K (per CMA)

Triplex, total rent would be approx $1,900 - $2,200 monthly (already one tenant lined up)

Looking for approximately $30k bridge loan until I can secure loan with local bank once seasoned.

Thanks in advance,

Frank
                                                                                                                                           

[Phil Z.]

RCN Capital (S Windsor) or Sachems Capital (Branford)?