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Nationwide Rehab Financing Available
- 65% to 70% ARV
- Up to 100% LTC (Not available in all states)
- 6 mos. to 3 yr. terms
- 10% - 16% rates
- 4 - 7 pts
- $50,000 minimum loan amount
- Credit may not be an issue
Apply at http://www.hardmoneywebsite.com/mikehaines or email email@example.com.
Thank you for your view.
I have a property witch I am in need of $1,600,000 net.
The purchase for the property, is $1,400,000, the rehab cost is $900,000, the owner will carry back a 2nd of $700,000.
I am buying the property at a proforma 43% loan to value
This property is a distressed 85 unit apartment complex that will have an "ARV" of $5,300,000.
The property is in Birmingham Alabama
This property has a approximate 30% occupancy.
I have a repair value on the property.
I have a bank appraisal on the property
The valuation was arrived at using a proforma cap of 8 witch is commonly uses in the Birmingham area
A cross valuation of per unit cost was also used to arrive at the value of the property
The bank appraisal shows comps for the area to be equal to the valuation
If you are interested I can be reached:
Hernandez Hideaway Inc
Mergers & Acquisition Professional