I need (real!) Hard Money. Rehab Properties.
Preferably somebody local from Springfield or Tri-Lakes Area.
Current Mortgage payoff is $162,500 possible to hold 1st position. If no payoff, hard money will hold 2nd position.
ARV 425-450K - Need minimum 65% of ARV
4-6 Months short term
If points up front, must be withheld in Escrow
If draws need to be made, please allow a minimum of 10-20K per draw due to purchasing materials in bulk.
Closing latest in 2 weeks, (time is of essence!)
Interest negotiable

Owned properties for 6 months

5 houses :2/1's approx 700-800sqft
1 house: 3/2 approx 1700sqft
All houses are in a row at a very good location.

Will refi as soon rehabed and rent out for $550/mo for 2/1's and $850/mo for 3/2. (TOTAL of $3600/Mo)

Please contact me by e-mail at DPDP@centurytel.net or call me at 417-538-5333

Thank you
Priska