Investment Opportunity: Second Lien Position on a Cash-Flowing Rental
Amount Required: $35,000
Interest Rate: 10%
Position: Second lien/mortgage
Property Overview: This is an investment property with a current ARV of $250,000. We are seeking additional financing in the form of a second mortgage. 35K is the down payment.
Investment Terms: $7k in interest over the 24 month term
$35,000
Sep 6, 2023
Located on a corner lot of two popular streets, in a rural town just one hour outside of Dallas, is a perfect place to build a duplex. Rental demand in Cooper is VERY high. A property is likely to never be listed avilable before it is snatched up. This is why we are redirecting our focus from Single Family Homes to Multi-family Homes. This includes duplexes, quadplexes and apartments. One this lot we would like to construct a duplex with a front and rear/side entrance which goes great with it being on the corner and having a driveway already in place on the front and side streets. We have plans already selected and a contracted choosen to do the job. We are jsut looking for an investor to partner with so we can break ground and get to work.
$400,000
Sep 6, 2023
Our team has done over 100 flips. 30% interest for 2nd lien. 2nd lien behind the Hard Money lender. 2nd lien will fund the rehab expense and be paid back by the Hard Money lender rehab draw. We are now doing 10 flips per month. We have multiple 2nd lien investment opportunities available. Thanks
$50,000
Aug 30, 2023
The Lodge at Havn: Glacier. We are developing a short term rental resort in Whitefish MT and looking for funding for our Phase 1, remodel of the existing Lodge to create 3 rental units. 3328 total sf.
Unit 1 – (2 bed+ loft/ 2 bath – sleeps 8 – $800/night/ 60% occupancy = $14,400/ mo. income)
Unit 2 – Studio/ 1 bath (sleeps 2- $250/ night- 60% occupancy= $4500/ mo. income),
Unit 3 – 1 bed/1 bath (sleeps 4 – $350/ night- 60% occupancy= $6300/ mo. income)
Original Purchase price $1.5 million
Current Appraised value $1.81 million
After rehab Value $2.2 million
Rehab cost spent to date $185,540
Rehab budget to Finish $300,000
Looking for $300,000 to complete rehab, 2nd lein position. 12% interest, 12 month term.
$300,000
Aug 26, 2023
This property is a proposed mixed-use project consisting of 56 half-acre
lots (32 acres), 917 multi-family units (67 acres), and an Event Center (17
acres), which has 10 structures (approx. 30,500 SF) already built. These
structures range from a 10,000 S.F. commercial building, 3 residences, 2
large garages, a shop, barn, fish hut and ancillary buildings. Beyond having
the ability to use them for weddings, corporate retreats or family reunions,
this area will become a unique common area for the development. The
property is in Burnet County and the current zoning allows for the
proposed uses.
$3,523,000
Aug 18, 2023
This property is located in Martinsville Indiana, It is currently a 3 bed 1 bath property, however there is a perfect space for a 2nd full bathroom making this property a 3/2. This house is truly a cosmetic project, it looks like it hasn't been updated since it was built in 55. We are buying this property for 90k and expect to spend 55k per our scope of work! Comps show we will be able to sell this for 225k on the backend or potentially higher.
$145,000
Aug 9, 2023