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$200,000
Nov 27, 2023
We have a very nice rental property in need of some additional upgrades to include a new fenced in backyard, exterior paint, interior paint, flooring, kitchens and bathroom updates. This house is a brick ranch single family house in Pelion, SC which is 30 min from downtown Columbia and will be a great rental property hold. I am searching for $45,000, @ 16% APR, 2nd position lender with 3 points paid at maturity in 6 months during the refinancing period. The numbers are great on this house as we have secured a seller finance purchase of 140K on this 225K ARV home. Feel free to email me any for any questions or supporting documentation. Bobby@reitactical.com
$45,000
Nov 21, 2023
UPDATE: I have the house under contract now and need financing...as soon as possible.
ARV: $380K (Zillow estimates a cash offer at $385,000)
PP: $285K
Cosmetic work only needed.. paint, carpet, fence and granite countertops.
4/2.5/2
1996 built
2601 square feet
Looking for a $304,000 loan which is (80%LTV) So there can be $19,000 in escrow for budget repairs.
We'll close in a reputable title company in your name or company name …. we'll split the profits 50/50...which should be around $30k each...after costs.
Please send proof of funds letter.
Will need to close this within 7-10 days or sooner....by December 1, 2023.
Estimated turn around time to get repairs done .. 30 days.
Try to sell by end of year.
Please call or text me 817-800-6203.
Kenny
$304,000
Nov 21, 2023
3 Bedroom / 2 Bath
Turn-Key / Move In Ready in Baton Rouge, LA
Section 8 Rent: $1,598 Per Mo.
DSCR: 1.73
See attached document for entire analysis of the deal as well as my experience as an investor.
$62,900
Nov 21, 2023