I recently acquired a house at a foreclosure. the house is located in Norristown PA 19401. The house needs around $40,000 in repairs and there are about $20,000 worth of unpaid taxes on it.A newly rehabbed home in this neighborhood can easily sell for over $120,000 , however I'm in the process to get approved to put up a newly constructed modular 3-4 family home on the lot. the modular company I will be using hasn't quoted me a price yet, but they build 1000 sqf for about $30,000 all included, so im guessing my price wont be much higher especially since im stacking the apartments. This would be a more costly scenario then a rehab, I'm guessing still under $100,000 all in, but a 3 to 4 apartments new construction home would easily sell for over $200,000 , or it can be subdivided and each apartment sold for $75,000 + , or each apartment can be rented for $1,200 - $1,500 per month yielding about a 40% rate of return.
I'm looking for an ARV loan of $60,000 - $70,000 to cover all my expenses. lender can hold the deed until the home is sold or rented. If I get approved for a new construction, I am able to get bridge financing or put up my own cash to cover the difference.
I have over 12 years experience in real estate and have done over 50 rehabs in several states. I have good credit and the house is owned under an llc.
please contact me via email:
Good day, I am a private lender and i give out secured and unsecured loans. I give out loans at 6% interest rate and i do 100% financing. I can be able to help you get funded asap.
Phone Number: 805-312-9839
A. Worldwide Alternative Business Funding & Trade Finance & Loan Resource
CFG Financial Group USA ( with more than two decades of financial service experience working together with CFG USA lending partners around the world )
CFG USA has partnered with a variety of financial institutions and investors to be able to offer a large scope of both pricing and service Funding/Financial Instruments & Performing Note Buy offer options .
CFG USA offers most of their products and services DOMESTICALLY AND INTERNATIONALLY , however any product dealing with real estate (such as mortgage notes) the property must be located within the US. Asset enhancement products/services such as leased financial instruments are offered globally, and is one of their specialties .
CFG USA goal is to enhance the ability to meet the financial needs of financing professionals while building long-lasting strategic alliances for continued ethical business relationships.
Security and Privacy
Your sensitive documents are encrypted with DoD level 256-bit encryption, thereby avoiding the insecure channel of email. All document attachments go to a “virtual encrypted lock box” that cannot be accessed except with a password and ID; and all documents are purged from the secure lock box after use .
< Full Steam Ahead!! Your application is on its way to a CFG US loan Representative. Put your feet up and we will get back to you lickety-split!. Your success is our greatest compliment ! > > >
B. Alternative Business Funding & Trade Finance & Loan Resource In USA
Help business owners get the funding they need to succeed
Help both start-ups and existining businesses
Offer funding programs for every situation
Contribute to business growth
*** This funding program works directly with banks and business lenders to obtain the best terms possible for each of our client ***
At ECC Entrepreneur Capital Corporation USA Est. in 1988 , we have over 30 years of experience with business and financial services. From real-estate investments to existing or start-up financial services, our experts can secure the funding you need.
CFG & ECC USA Registered Business Affiliate & Finance Agent
I can help you with the loan you seek, do contact me through my email address,