Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Classifieds
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 3 years ago on . Most recent reply

User Stats

14
Posts
5
Votes
Justin Siddall
  • Investor
  • Pensacola, Fl
5
Votes |
14
Posts

Looking for PML on Perfect BRRRR

Justin Siddall
  • Investor
  • Pensacola, Fl
Posted

Hello BP,

I've got a duplex under contract that is a perfect BRRRR with lots of equity room and my current money partner is working with me on a different flip. If anyone is interested in starting a PML relationship please send me a DM and we can intro and talk about the deal. I have the contract and services I've used multiple times (title company, contractor, and I am also an agent.) This deal has lots of equity and multiple exit strategies, now just looking for the last member of the team to help get it done :)

Basics: 

It's a 2/2 per side Duplex in Pensacola, FL right outside the main gate of NAS Pensacola.

Expected all-in (Purchase, Rehab & 10% Buffer): 150k 

Conservative ARV: 245k

75% Cash-out Refi after Seasoning: 184k

Rents: 1200-1400/side.

All the Best in Your Investing!

Justin

  • Justin Siddall
  • Looking for

    Loading replies...