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05-25-2016, 06:59 PM #1
Reputation points: 6278
- Join Date
- Mar 2016
- Posts
- 186
Real Estate investment company
Company buys, remodels and sells real estate.
Seeking 210K for property
Property value 260K
Estimated value of property after repair: 375K
Has a buyer in place
Estimated time until sale: 6 months
Has successfully profited with this type of transaction with 27 properties since 2012.
Has 7 properties that are currently active.
would like to secure a 1 or 2 year balloon with interest only terms and no prepayment penalty.
Wants to continue utilizing the funds for additional fix-&-flip transactions.
Has all the documentation and and paperwork in place: Contracts, appraisals, remodeling plan etc.
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