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1566478_0
$300,000.00

Heberton Flip

Hello,
We are looking for a private money lender who is willing to fund our fix and flip. This will be our third property that we are currently flipping. The numbers are as follows:

PP: 290K
REHAB: 115K
CLOSING COST: 10K (Pittsburgh requires buyers to pay half of the transfer taxes that's why it is on the higher price)
ARV: 600K (Conservatively)
COE: 9/2/22

We are asking to see if you are willing to fund the whole deal 415K for a first position lien.

Terms are negotiable but we only request that we pay off the loan with interest at the end of the flip.

We are also open with working with multiple funders.

Here is a link of our loom explaining the deal in more details and I have attached a detail investor proposal. I can provide contractor bids upon request. Thank you in advance.

https://www.loom.com/share/925b7972f5e148d29ac1aeaf7e5651fc

It is scheduled to close soon, but I can request an extension (which I was planning to do already) if I see some interest in this project.

Property Information

Address
835 Heberton Street Pittsburgh, PA 15206
Property Type
Single Family Home
Bedrooms
5+
Bathrooms
2
Year Built
1900
Building Square Footage
2205
Lot Square Footage
3676

Financials

Estimated Repairs
115,000
After Repair Value
600,000
Total Investment
418,000

Contacts

Author Info

Katherine Tavarez

Member since 4 weeks ago
  • ASHomeVentures@Gmail.com
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