Tanya Cochran's Blog – March 2015 Archive (1)

Gap funding needed

I have a contract on a property that I can get funding for 80% of total purchase. After including the points, interest & closing costs, the difference in the amount I need to close & renovate the property is roughly $27k

I'm looking for a private lender willing to finance the gap & willing to be placed in 2nd lien position. The property is in Salisbury, MD.

ARV-approx $175k-$190k

First lien amount: $109k

Please contact me via email with… Continue

Added by Tanya Cochran on March 25, 2015 at 10:13am — No Comments

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