Fund my REO Rehabs in Southern RI & SE CT

[Ryan A.]

Need private bridge loans to close REO deals. Already have institutional pre-approvals for making offers.

Current deal:
3 Unit Multi
offer: $150
repairs: $20k
Est value fixed: $275k

Buy and hold strategy
Gross rents should be $26400
Expenses/taxes/ins $7668
NetOp $18732

Looking for 3 to 6 month bridges. Preferably interest only with monthly payments or due on repayment. Will refinance to pay bridge. Put up $120k for us and make $10k in 6 months.

I am a professional landlord with current investment property. Business is a family partnership.

This particular deal might not shine very bright however there will always be more as we move along. I am doing my due diligence and making offers weekly to find my next deal.

Thanks.