19.5% Annual Return -- Private Loan Wanted for $228,000 - 6 months Term - No Prepay - 800+ Ficos

FHA HUD PURCHASE in Auburn, CA

$285,000 winning bid.

Most of the Construction to Permanent Fannie Mae and Freddie Mac Lenders are not doing loans now.
We have 25 days to close.

The Buyers are also contractors with a great track record.

The PROBLEM:
It's Owner Occupied...Arghhh...Can't do a Hard Money Loan in California that Owner Occupied.

Buyers are putting 20% down and will put in $45K in rehab.

The Future Value of the Property after Rehab is $450K+
Neighborhood Pics;

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Existing House--Purchase Property

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