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Looking for a $40K loan, 12% interest paid monthly, 1st lien position

Gunter Freystaetter
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I am looking for a $ 40,000 loan   65/35 LTV 

for 12 months or less @ 12% paid monthly –

1 st Lien/first mortgage – Deed of Trust with

Promissory Note and Personal Guarantee

Purpose of funds is for additional infrastructure and clearing

four building sites and establishing driveways to the actual building sites where we start building our next 4 homes.

Pictures of completed Vacation homes

Here is OUR STORY:

www.thetrailsatcranberrysprings.com

I am the owner of a 40 acre subdivision –  A Gated Community

located in the Blue Ridge Mountains

some 8 miles outside of Boone right off the Parkway in NC

This is an intentional sustainable and energy efficient community

built with the next generation in mind.

 

Sold one 3 bed 3 bath 1,400 sqft mountain home for $ 580,000

$ 424 / sqft and established a value in our subdivision

25 one acre lots – values are $ 65,000 – $ 70,000

We have underground power and a 1G fiberoptic cable.

If you need more detailed info, recorded plat,

legal description, access to my attorney, etc.

please email me to: gunter505@gmail.com

(954)648-4619