Seeking Financing for fix up Sf on 5ac

[Wayne Stegeman]

Have:  1350 sf ranch home with full basement, garage, horse barnd on 5 acres.

 

Want $50k securedd by first mortgage on this property.  ARV $125k

 

Wayne Stegeman

[e-mail]

[Bill Herrera, Ph.D.]

Thank you for your offering Wayne, please note that we rarely buy wholesale properties, or lend money on an interest basis only, especially for fix-hold projects.

We are a nationwide private lender with unlimited funds willing to take experienced rehabbers to a new level.  How many fix-flip deals can you do per month ?  In most cases we lend up to $50,000 (more after 1^st deal) to purchase and/or rehab a SFR (1 to 4 units), and we will never lend over 65% ARV. In return we ask for 1^st trust deed on this, or other, property recorded in our name, with an exit plan of  ~3 months (fix-flip only), and a profit sharing split in equity, usually 50-50, at the close of escrow.

If this sounds interesting to you then please email me more information including the attached Request for Funding form.  Thank you very much for your email, [e-mail]    www.herrerarealty.com