Don’t be scared to ask for what you need. Do you need funds for your deal? What kind of deal is it? Don’t let it go, we can all help each other in more ways than we know.
What is your biggest need/ask from this group?
🤑🤑🤑 Why Aren’t We Working Together? 🤑🤑🤑
Hi, Im looking for funds to assist with working capital and proper staffing, facility build out, and equipment purchase.
Thats awesome! What are you using for collateral to secure the loan?
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Primiarly equipment. I have about $300K in equipment at current value.
👍🏽👍🏽👍🏽👍🏽👍🏽👍🏽
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Nice
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Sounds good
I am looking for capital partners for my flips in St Pete FL.
What are you offering in exchange?
in general, i am offering 10 – 15% interest secured by a mortgage on the asset being flipped and a promissory note. 13 projects completed to date.
That’s AWESOME, congrats!
Nice!
Nice.
Agree
Nice work Nicholas!!
Agree
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Nice
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Any bites?
Great area
I have a property under contract, rather than just wholesaling it I would like to do a wrap to and end buyer.
I’ve agreed to purchase it by subject-to the current mortgage $155K @3.6%
The property value is $230K
I need a loan of $45K to pay for additional costs including arrears/closing costs/holding costs/cash to the seller – etc
The new lender would be in second position behind the mortgage
What terms would I need to offer for this to be an appealing deal to a lender?
That’s the beauty of real estate, everything is negotiable.
Have you posted the deal?
Yeah thats is a great aspect – I’m new to private money loans, I normally just wholesale deals
I don’t know what to ask for in regards to terms
Look at the deals posted here as well as funded deals for guidance
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Hi All, I’m offering a 20% return on 100-200k, 6-12 mo term, 2nd position lien on my primary res with a current appraisal of 800k (have 585k equity) near Boise Idaho. Use of funds : finalize renovations on this so it’s STR ready, consolidate higher interest debt to raise my own FICO (so I qualify for more investments!) Exit: refinance conventional or DSCR in 6-12 mo, valuation will be higher after renovations . Message me, due diligence content on hand . I work with a great commercial GC and have 25 yrs business, hospitality, construction, and direct-sales sites for STR experience.
Did you get it?
Any bites?
Hi Michelle & Vin, I just joined PMC today! I run a boutique senior living fund that invests into the real estate of senior living deals with 10-20 bed assisted living. Looking to network with others and add as much value as possible to PMC. I’m from Chicago NW suburbs, wife of 16 years and 2 kids (15/9). I love coaching travel baseball.
LOVE IT!!!
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Going to Utah this year?
I am looking for partners to purchase and hold properties for cashflow. All multifamily from 2 to 20 units appartments.
That is AMAZING, what are your strengths/bringing to the table on these deals?
Hey Michelle, I bring to the table about 20 years of expertise in the real estate field. Market knowledge, financial expertise access to core funding, knowledge of due diligence, property management experience, and a robust network of professional to help work any size multifamily deal.
Thats a TON of value!
I am a builder specializing in single family homes and am looking for investors. We are providing 12% return secured with a mortgage. This is a great investment opportunity with a secured collateral.
👍🏽
Looking for lenders willing to partner for equity on land development deals using manufactured homes.
What are you offering?
???
I’m excited to work with you all and collaborate! We just put our first project into the portal. It’s a luxury experience Airbnb project. We’re looking for equity partners who want to be a part of the project with us.
That is AMAZING! This is the right group to be a part of.
I’m a private money broker is looking to connect with real investors who need money for their deals. Can anyone help me accomplish that goal?
Let’s talk! Are you accredited?
Reached out but never heard back.
This may not seem like a big ask… but I am asking to be sponsored into the PMC and be mentored. I could really use a hand-up! I need help to navigate how to start a Llc, get all the jazz set up cheap, and then borrow a few down payments for some multiplex homes I am finding in my area. Let’s talk!
What do you mean by “sponsor”?
Following up, can you please explain?
Got another deal, who is interested?
Hey Michelle! I’m in Topeka, KS and am a licensed realtor if you ever need boots in the ground.
GREAT to know. What do you specialize in?
Looking for equity LP /Co-GP total raise is 8m.
Class A multifamily/student housing
Good job!
Are you interested in NNN commercial and educational projects ground up in the $4.75 million to $6.5 million range? Mezzanine, equity or 100% LTC?
Not currently
Hello all, I am a total newbie here and am having trouble with some of the terms I see being thrown around the room. Sooner or later I will start to understand, some of it I think I am grasping. So if you don’t mind me asking dumb questions once in awhile, I would appreciate it. Thanks in advance.
Kurt…..
Sure, what are your questions?
300K 2nd available at 9%. Only 30% LTV and on time payments for 5 years. Excellent Credit as well
619-212-0062
That is GREAT, we should talk
Hi Alfred Ramirez
What area are you looking for partners? Reach out with more info at redavis@redavisenterprisellc.com
Not understanding the question. Can you please reframe it