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Kevin James O

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Articles

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By Kevin James O, Rachelle Rodavia
| BiggerPockets Verified
PRO Members Get Full Access Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
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Short-Term Loan on Jacksonville PadSplit Project

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By Kevin James O, Reginald Truss
| BiggerPockets Verified
Skip to content × Pro Members Get Full Access! Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success. Advanced networking features Market and Deal Finder tools Property analysis calculators ANNUAL Save 16% $32.50 /mo $390 billed annualy MONTHLY $39 /mo billed monthly 7 day free trial.
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Looking for $42K short term Funding – Jacksonville Subject-To DealLooking for $42K short term Funding – Jacksonville Subject-To Deal

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By Kevin James O, Mike Grudzien
| BiggerPockets Verified
I'm looking for $42K in short-term funding to complete the renovation of a Subject-To property I own in Jacksonville, FL. The home has an ARV of $300K–310K with a $153K first mortgage locked at 3.37%. About $37K of rehab has already been completed, and $42K remains to finish out an 8-room PadSplit conversion. Once stabilized, the property is projected to net around $900–1,100 per month after all debt. Offering 12% interest-only, 12-month term, secured by a 2nd lien.
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