Seeking Fix & Flip Financing - Pittsburgh - Deal Under Contract!

[Richard Byrd]

Seeking Fix & Flip Financing - Pittsburgh, PA - Deal Under Contract

Deal Under Contract!

Offering 5% ROI plus 10% Net Proceeds; OR $5K, whichever is greater, for $65K in SFR - Retail Fix & Flip Financing:

150% Property Purchase LTV ($25K Property + $2.5 Assignment + Closing Costs/Fees) + 110% Rehab LTV ($25K Rehab + 3-Month Reserve)

Less than 6-month Purchase-to-Sale Turnaround. Buy-Side Closing to be held February 28th, 2019 per Sales Agreement; Tentative Sell-Side Closing date is August 29, 2019. 

Minor rehab located in a solid working-class neighborhood on a quiet street neighboring a family-friendly park with community pool. Only 10 minutes to Downtown Pittsburgh, PNC Park, Heinz Field, PPG Paints Arena, & Rivers Casino. Near Bus Line. Spacious 2-Car Garage! Easy 2-bedroom to 3-bedroom conversion value-add!  

01/11/2019 CMA Comps Report:  Average - $113.3K; High - $153.4K; Median - $110.5K; Low - $85.4K

Conservative ARV: $103,450.00

Rehab crew currently finishing up a SFR - Rental Fix & Flip in the next 10-14 days; tools and materials scheduled to be forwarded to this SFR - Retail Fix & Flip project upon completion.

FT Pittsburgh REI; Tradesman/Contractor.

Opportunity to establish, in good faith, a profitable, long-term lending relationship while enjoying consistent, hassle-free returns and lender repayment preference. Please contact privately to view Investor Prospectus & discuss financing terms. We look forward to doing business with you, thank you.

Cheers to OUR future success!

-The Crew @ Dane Real Estate Group