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![SFH Deal in an upcoming neighborhood in San Antonio TX](https://privatemoneyclub.com/wp-content/uploads/2023/03/Norwood-FUNDED-300x300.png)
Fully Funded
Currently have a 2/2 with a 1/1 casita in the backyard and converting to a 3/2 with new upgrades to add to our rental portfolio. We are giving 2 options on this deal. 1st Lien Position Total Price & Rehab 2nd Lien Position Option Rehab Budget only** Purchase Price $158K Rehab & Furnished $60K ARV $265K (Current Market Comps) Rehab time 75 Days. Looking for a loan for 9-12 months and will refinance to for our short-mid term rental portfolio. We are seasoned investors, in real estate since 2006. I am a qualified licensed GC in FL to have done over 50+ rehabs in my career. We have done 12 for 2022 in SA TX alone. We have a detailed Rehab Budget, and Home Inspection Report available to anyone serious about lending. Please feel free to reach out. Opportunity: 1st Lien position Total price $218,000 @ 12% annualized for 6 months-12 months. 2nd Lien Position – Rehab Only $60K @ 10% annualized.
$218,000
Mar 22, 2024
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