hello anyone looking to buy a note for 40k, @12% performing on time for the last 6 months, first position, home ARV is 150k. thanks.
$40,000
Nov 6, 2023
Offering 12% for Rental Backed Micro loan (HELOC) on this 3-Bedroom 2 bathroom home.
The house features a new paint, new flooring, with upgraded lighting features and stainless steel appliances.
Offering 12% Simple interest on $35,000 investment with a 5-7 year term for the property
Simple House Solutions is a full-service Real Estate Investment Company that specializes in buying distressed single family residential properties, remodeling and selling them via Lease Options in Texas, Alabama, Georgia, North Carolina, and Pennsylvania. Principals, Dwight Harrison and Brandon Bachik, have successfully completed over 1,130 transactions in the past 8 years.
$30,000
Nov 3, 2023
Property is in good condition, but needs updates and bathroom renovation
$175,000
Nov 2, 2023
This 2-house project consists of demolishing the existing structure and creating a new, modern structure. We are increasing the current property value from $750,000 to $3.5M on each project.
Luxury homes will be built and utilized as short-term and mid-term rentals featuring 5 bedrooms, 4 bathrooms, 2 living rooms, and 2 car internal garage. These beach houses will feature a rooftop deck and pool.
Construction Period 6 – 7 Months
Equity Amount: $550,000 per property with an annual 20% return
Minimum investment $50,000
Land cost: $750,000
Construction cost: $1M per property
Return of capital Will be provided by the refinance of the construction loan at 75% LTV.
After Built Value for each property: $3.5M
NOTE: WE HAVE ALREADY RAISED $2,750,000 FOR 5 OTHER PROPERTIES JUST LIKE THESE! WE HAVE FINISHED THE DEMO PHASE AND WE ARE IN CONSTRUCTION!
$550,000
Nov 2, 2023
This is a 6-unit project. We are increasing the current property value from $1,140,000 to $2.5M+.
We already own 2 other Airbnb hotels in the area.
Location: St. Pete Beach, FL
Estimated value of that property at the time of refinance and/or sale is $2.5M
Minimum funding $50,000
Annual interest rate 15%
Quarterly payments
At the time of refinance, we expect to achieve 70-75% LTV = $1.75M – $1.87M
$400,000
Nov 2, 2023
We are looking for a short term 6-9 mo loan to complete the remodel on the Lodge at Havn Glacier. Lodge is being turned into 3 STR that will operate year round in the beautiful resort town of Whitefish MT; gateway to Glacier National Park.
Main floor features 3 bed/ 2 bath, sleeps 8. Lower lever has two units: 1 bed/ 1 bath that sleeps 4, and a Studio apartment that sleeps 2.
$350,000 will complete the remodel already in progress, with 1st lein position available on a 4.2 acre parcel of land that is adjacent to the lodge that we own free and clear. Value of parcel is $450,000.
This bridge loan will be refinanced into an SBA loan which will be completed in the Spring '24 for Phase 2 of our development.
I have included our designs for the lodge including location information in my slide presentation.
$350,000
Oct 26, 2023