Description
Purchase ($35,000) and Rehab ($35,000) of two homes, ($70,000) secured by property lien. Repayment of 85,000, via resale or refi. Option to hold mortgage is available for LT. Two homes on the property. Current arv as per Homesnap, $129,000. 6 month term. Property will have a rental income of $700 x 2... $1400/month income.
After purchase, repair schedule will be managed to protect funds, with disbursement of Labor and proper payments assured.
$15,000 passive income in 6 months, offered. Call Michael
Discussion
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