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We are looking for lenders to fund the building of Houses in Lehigh Acres Florida, located just East of Fort Myers. This was a featured loan on Wealth Webinar. NextGen Energy Homes is the building contractor and will be building these houses in groups of 5 that have already been presold to an end buyer for between $369,000 and $379,000 depending on the style. There is a healthy profit of $69,000+ per house built into after paying of any raised funds. We expect houses to take between 90 to 120 days to complete based on the build method.
Project: Build 5 Houses at a time using Brickless Technology.
Term: 12 Months
Rate: 15% Interest Only Payments
Cost to Build: $250,000 Raising: $300,000 includes built in reserves.
Pre Sold Price: $369,000 – $379,000
Contact me at Brandon@chrisnaugle.com if you are interested in funding part or all of this deal. We can split the loan into multiple investors, all who can hold a First Lien Position in Florida.
$300,000
Feb 1, 2024
New opportunity to be a part of this exciting opportunity. Offering 12% for Rental Backed Microloan (HELOC). Currently seeking PMLs for Micro-loans in second position. You will be in 2nd lien position and we are looking up to a 12-month term. We are a Full Service Investment firm focusing on buy & holds to provide Military Off-base housing in Military City (San Antonio, TX). The combined experience we have in real estate investing goes back to 2007. If interested let us know and can provide detailed information. 12% @ 12 months annualized. Looking to tap into equity. At 12 months it would be 12% (1% per month). Monthly payments are available.
$55,000
Jan 31, 2024
Hello Investors (lenders),
I have several projects going at the moment in Texas but for this project, I have a great property under contract…Looking for 1st lien lender for a short-term flip.
Serious Inquiries Only! – if the listing is on PMC, it is active.
* Close of Escrow: Tuesday, 2/06/2024 (title already open in Austin)
* ARV: $525,000
* Funds Needed: $385,000 (1st lien)
* Use of Funds: ($285,000 1st mortgage and $100,000 rehab/closing funds to be held at escrow)
* Hold Time: 3 to 4 months
* Exit Strategy: Flip
I will need an answer quickly. Call or email me your terms … I can be reached at 817-800-6203 or via email at ekmaldonado@gmail.com.
Synopsis:
The home has been abandoned by previous owner who left town and needs a complete renovation of dual decks that oversee the Lake. It has great bones but it needs a new roof that is also in the rehab plan budget. Also, it has foundation issues that will be addressed and corrected and it has a drainage issue that has been cause by water pooling from roof that has no gutters thus, the front stairs need a complete redo that is also part of the rehab job.
Homes is located in the exclusive Point Venture in an upscale location, located in Lago Vista and overlooks beautiful Lake Travis. With lake access just 2 minutes away by car, golf cart or a short 10 minute walk to the private park with boat ramp, and swimming…. It is a private setting split level perfect for families or friends vacationing together. This retreat promises a memorable lake vacation for all. Conveniently located near Lake Travis, POA boat ramp & park for lake access.
PICS link below:
https://drive.google.com/drive/folders/1ENEWEl0PbH71ET0AachW1e1CPM55tXnR
$385,000
Jan 30, 2024
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