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Updated about 5 years ago on . Most recent reply

User Stats

115
Posts
11
Votes
Sherri D.
  • Michigan
11
Votes |
115
Posts

2nd project also funding 18% APR in MI!

Sherri D.
  • Michigan
Posted

Hello, I own a duplex with an ARV of $156,000, one side fully rehabbed, just needs minor repairs before rerenting, the other side needs the rehab to be completed. Offering 1st lien position for a $95,000 loan to refinance and rehab the property 18% APR for 6 months. Or offering 2nd lien position for just the rehab portion which is $20,000, 18% APR for 6 months. I have a detailed loan proposal for those interested and would be happy to answer any questions you may have. Thank you!

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