Duplex has been renovated with new kitchens and bathrooms on both sides. One side is a 2bd 1ba and the other side is a 1bd 1ba. Currently rented for $750 on each side for a total of $1500. We will use the money to purchase another cash flow property and make minor renovations to the exterior of this property. This would be an interest only loan based on 30 year with a balloon after 5 years. Pre-payment penalty if paid off before 2 years of 1%. Current Value based on comps $245,000 to $250,000.
$180,000
Sep 22, 2023
We're looking to raise $190k for a short-term flip. Interest is 12% per year, accruing monthly, payable at the end of the loan term (generally 12 months or less). 7301 Harrell Dr, Zachary, LA
$190,000
Sep 18, 2023
We've got a small mobile home in Dade City, FL that needs some small repairs and will be listed for rent. We currently own the lot and the home and should have it listed for rent in October. Looking for a 10 year loan at 8% simple interest.
$50,000
Sep 13, 2023
Offering 13% for a 2nd Lien Position on this 3 bedroom 2 bath home. This home is in a fast growing area on Oahu, close to shopping malls and beaches. The house will feature new luxury vinyl flooring, cabinets, quartz countertops, paint, tile and fixtures. Auna Estate LLC is a full-service Real Estate Investment company that specializes in single family home flips, developments, and rentals for the past 6 years. Owner, Nathan Umeda, has completed 9 – million dollar+ flips/developments in the past 3 years in Hawaii and many other smaller flips. He is also the owner of a licensed, General construction, roofing, and solar company.
$100,000
Sep 13, 2023
Offering 13% for a 2nd Lien Position on this 4 bedroom 1 bath home. This home is 3 blocks from a beautiful sandy beach. The house will feature new luxury vinyl flooring, cabinets, quartz countertops, paint, tile and fixtures. Auna Estate LLC is a full-service Real Estate Investment company that specializes in single family home flips, developments, and rentals for the past 6 years. Owner, Nathan Umeda, has completed 9 – million dollar+ flips/developments in the past 3 years in Hawaii and many other smaller flips. He is also the owner of a licensed, General construction, roofing, and solar company.
$95,000
Sep 13, 2023
10331 Lone Pine Ln, Fort Worth, TX 7610
3 Bed 2 bath (to be converted to 5-6 bed, 3 Bath)
Purchase Price: $291K (Subject to)
Interest Rate 6%
Term: 29 Year Mortgage
Equity before Renovations: $52K
Value Room Additions: $371K
Equity After Renovations: $80K
PITI: $2,847
Gross Rents for By the Bedroom Model: $4900 (1100 x 2, 900 x 3)
Net Revenue Before Payout: $2053($2753 if 6 bed)
Annualized: $24,636 ($33k if 6 bed)
COE: September 27th
Note covers total entry fee
(Cash to seller, closing costs, commissions to agents, renovations, 3 months of holding costs, and furnishings)
See a few of my rentals here:
https://app.tenantturner.com/listings/upliftalpha
Connect with me on LinkedIn:
https://www.linkedin.com/in/reed-clanahan-a2b53853/
$55,000
Sep 11, 2023