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Updated over 4 years ago on . Most recent reply
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Looking for financing on a completed BRRRR
I've completed a BRRR but I am having trouble finding a lender to refinance for this low amount. I looking for any private money lenders who would be interested in being a lender on this deal. I would also like to build a relationship as I do have other deals like this in the pipeline.
I have an appraisal for $90K.
I am looking for a loan of $60K (I used a fix & flip loan to do this project and would like to pay off the lender).
The terms are negotiable but ideally would like to do a 30 year fixed.
This property is in the Chicago IL area.
Please let me know if you have any questions. Thanks in advance.
*This link comes directly from our calculators, based on information input by the member who posted.