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Home under renovation in Maryland. 8 beds. We would like your support in funding the project. Potential $66k/month in revenue. Offering 15% of profits once open. Est. opening date DEC 2024 Please reach out for more info! 202-674-0511
$500,000
Oct 9, 2024
Active
Selective Real Estate Construction is a licensed and bonded General Contractor that operates in the Chicago area. Our business is to BUY, FIX and FLIP properties.
This specific property is in its final stage of rehab. It will then be put on the market for sale. This opportunity is being offered to investors from the PMC Group platform.
Investment highlights :
– Investment required : $75,000
– Term: 6 months
– Payments of $ 3,000.00 per month for 5 months.
– Get $85,000 back on the 6th month for a 33% return !!!
– If the property is sold before your term ends, your loan will transfer to another property with the same terms.
Collateral/guarantees :
– 2nd mortgage lien ;
– Promissory note from the entity holding title of the property ;
– Personal guarantee
Property details :
Property address: 7449 S Bennett Ave, Chicago IL 60649
Property type: Brick SFH in the final stages of rehab in beautiful South Shore.
ARV: $329,000
For more information, call Steeve at (312) 961-0045 or email at steeve@selectiverec.net
www.selectiveREC.net
$75,000
Oct 8, 2024
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