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Infinite Returns + Generational Wealth Opportunity!

Melody Bohannon
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*We are looking for a minimum buy-in of $50,000* up to 3.8 million

The details of the deal are as follows:

Funds Requested: $3,850,000

CoC Return:

Year 1: 6.36%

Year 3 (pre-refi at month 30): 13.57%

Year 3+ (months 31 and on): INFINITE

 

Equity %:

Years 1-3 (pre-refi): 60%

Years 3+ (post-refi): 40%

 

Depreciation %:

Years 1-3 (pre-refi): 60%

Years 3+ (post-refi): 40%

 

Funding Commitment by: Monday, June 17, 2024

Closing: July 19th

Purchase Price: $12,675,000

Property Value (as-is): $15,600,000 (appraisal done in Dec 2023)

Equity at closing: $2,925,000

 

Securities: PMP(s) added to LLC taking over the property, personal guarantee

Borrower/Deal Info:

  • Borrower is an incredibly experienced SubTo student; Has improved over $45 million in multifamily and commercial real estate.
  • Borrower offers 8% preferred interest until refi at 30 months after acquisition. This means guaranteed minimum of 8% interest, no matter what!
  • Partial OWNER of a 119 unit commercial building valued at over $15,000,000.
  • Opportunity to build generational wealth; You get infinite returns after 30 months where the borrower will refi you out and you will retain your share of 40% ownership FOREVER. Infinite returns baby!
  • Appreciation & depreciation! Apart from the money you make, you also get to offset your taxes!
  • Generous 60% share of the building until your money comes back to you; 40% after your money is returned.

 

As always, due diligence has been done on the deal:

https://drive.google.com/drive/folders/1RF5PXdhdNH3XKN580QJMHkXWcbHGTUWb

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