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Need hard money loan for rehab in Bergen County

Posted by Eric Van Auken on May 21, 2012 at 3:29pm

 

I currently have under conrtract to purchase 12 th Street, Wood Ridge, for $160,000.  Its a 3 bedroom 2 full bath colonial.  The ARV is $300-$325K+ conservatively, great section of townTher repairs required are aprrox. $50-55K.   Looking to borrow 60% of the ARV, $180,000. 

 

Please message me if you or anyone you know are interested in funding this. 

 

Thank you... 

 

 

 

 

 

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Replies

  • Darin Gerow May 26, 2012 at 12:53am

    Eric, I can make this deal work for with very little money out of pocket.

    please call or email

     

    Darin H Gerow

    dh@dhgerow.com

    Cell 908-244-8181

  • Hardmoney
    Joel Kraut May 22, 2012 at 6:21pm

    Eric,

     

    Hello and good afternoon.  We are lenders and operate all over the Tri-State area.

     

    We can lend on the "as-is" value and the ARV.  Gnerally we want our lonas to max out at about 55% of ARV.

     

    Give me a call to go over your scenario at 732-598-0351.

     

    Thanks,

     

    Joel

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