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Updated about 6 years ago,

Chad Smith's profile image
Chad Smith's profile image
Chad Smith
  • from Dallas, TX
  • Member since Jun 30, 2017
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Chad Smith's profile image
Chad Smith's profile image
Chad Smith
  • from Dallas, TX
  • Member since Jun 30, 2017
Connect
Chad Smith
  • Dallas, TX
1
Votes |
4
Posts
Rehabbing & House Flipping

First hard money buy/hold

Chad Smith
  • Dallas, TX
Posted

So I am purchasing my first property with hard money and want to see what everyone thoughts are on it and any advice for the first buy/rehab/refinance/hold.

PP 125k

Rehab 15k

ARV 180k

HM int rate 12%, 2 points

Rehab is cosmetic, good foundation, roof, AC.

Thought this would be a good start since there are no major rehab and low cost point. Thanks.

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