As low risk as it gets! Small Easy Deal!
Easy deal to partner up on! Perfect opportunity for a new investor. We have this property under contract for 30K. It is a 2 unit property. One unit is 4 bedrooms and the other is a 1 bedroom. Estimated rehab budget is 30K. Total all in is 60K. Will be worth 150K after rehab. Most likely will be selling it when the project is complete, but we also might retain it and at it to our portfolio.
12 month term
10% interest paid month
*highly likely we complete the project in less that 12 months
We are looking for 60K total. We are also okay breaking this up between 1-3 investors as it may give someone there first opportunity to lend without having to put in a larger sum of money. Shoot me a message or text with any questions!