This was a great investment for us AND our the investor who funded the deal. The house needed a LOT of updating, but our team know what they are doing. With over 100 rehabs under their belt, they know how to create the specific type of rental property that is in high demand in this market.
The entire project was funded by one of our private investors with a $39,650 note paying 9% p.a. with a 1st position mortgage.