2d (edited) • 🏦 Opportunities (Biz/RE)
PML needed Opp example
They do not want business credit or loans. They may be first or second position loans depending on deal. Below and the attachment is an example of what I are looking for.
Use of Funds – $150,000
HOA: $9,000
HELOC lien: $20,000
Arrears: $23,000
Rehab: $50,000
Owner payoff: $48,000
Rehab Breakdown
Pool: $8,000
Master bathroom: $5,000
New flooring, baseboards & quarter round: $8,000
Interior paint: $6,000
New appliances: $7,500
Cleanup & dumpster: $1,500
New light fixtures throughout: $3,000
Kitchen countertops & backsplash: $3,500
Landscaping: $4,000
— Includes stump removal in the backyard and work around the pool
Kilz treatment in garage & master bath for pet odor: $1,800
New fans & A/C maintenance: $1,700
Total Rehab: $50,000
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PML needed Opp example
skool.com/credit-free
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