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Updated over 4 years ago,
Need Flip Buy & Hold Financing - Have all rehab funds - INDY
Hey guys and gals,
Quick intro : own my own real estate brokerage focusing on SFH investment properties on south side of Indianapolis as well as a contracting company specializing in SFH real estate construction. Have also created and sold a SFH property management company as well.
Situation : I have been investing with only my own funds but ran into a project that I am unable to get necessary funds by the time we need to close. Seller has given us until end of next week to close.
Only need funds to purchase and hold, I have the funds necessary to complete the renovation.
Overview packet, scope, and POF available.
Our market is incredibly competitive for owner occupants and like everyone else, little to no inventory in this price range, we already have potential buyers lined up for when it is complete and hope to have it sold before we finish renovation.
I own another investment property free and clear that I will put as collateral.
This can be a one time deal but also open to a long term partnership with a JV partner if everything works well. Due to time frame, looking to work with a private individual or group over an investment company.
Message me on here or e-mail me : [email protected]
Amount needed : $140,000
Rehab Amount : $70,000 (my funds)
Duration : 60 day rehab + 30 day closing (90 - 120 days max)
Return : To be determined