Investor · Nationwide · Member since 2019 · 11 posts · 2 votes
Have a SFR fix and flip in Charlotte County Florida. In escrow at 225k. Repairs are 70-80k. ARV comps are conservatively in the low $400's. On water w/Gulf access, boat dock and pool. 13 days to close, 4 days left in inspections.
Looking for equity partner for one of the following:
*Someone to finance the down payment on my hard money loan - 75% of purchase price of $225,000
*Someone interested in privately financing entire deal - $225,000 and remodel expenses of $70,000-$80,000
Please reach out if you are looking to invest.
I'm an investor / agent with 5 years of experience selling and getting projects in Los Angeles who recently moved my business to full time investing in Florida where I grew up.
Hi Paul,
I'm doing the same thing in Seattle. I was going to post for partners/investors here. I was curious what kind of a split you have to pay out to the investors. I'm a builder/realtor for 20+ years. Maybe we can share a few ideas. I'm at [email protected] -Jeff M
Hi @Paul Maloney, good luck with the purchase financing. When you get it finished, we can refinance you out with our 5/1 ARM loan 5.75%, or refi to a 30 year for 6.25%. These are for landlords & non-owner occupied, no income or bank statements needed, just a good FICO and a DSCR of > 1.0. Please let me know if this is of interest.