This is a project that is in progress. I am refinancing due to change in scope of work. Final product is a 5700 sqft house in a Lakewood Colorado. recent appraisal within 30 days is in place for 1.9M
December 8th, 2022
This is an off market, quick flip located in the desirable Skyline sub of Colorado Springs up on the hill! House is already well leid. with two bedrooms one bath on the main and on the walkout basement. It does needs all round updates and some structural work. Seller has a date range of December 20 – January 20 to close.
December 5th, 2022
258 Woodbine is a 3900 sqft brick home on 18 acres w/ pond, two shops and updating needed. We are looking for someone or a group of investors to accept a Multi-First position lien on this property, so we can turn this into a wonderful country home for a family. Purchase price $425,000, 1st Lien Position, Promissory Note, Personal Guarantee, Loss Payee on insurance. After Repair Value is 715,000. We are exiting the initial loan at the refinance in 8 months or sooner depending on the rehab timeline. 70% Loan Value is $500,500, so there is plenty of room to recapture your capital at refinance.
November 30th, 2022
We are buying a package of 36 single family rentals from a motivated seller. In this market we own over 65 doors currently that are 87% occupied along with a strong, local management team. 67% of all owned doors are debt free. By year end when we finish existing rehabs, we will be over 95% occupied. We are looking for funds for the acquisition and to perform some minor value add rehab to the vacant units. Seeking an interest only note for at least 2 years at which point we will refinance with our local bank. Can also offer points. We are crushing in this market so we're looking for long-term relationship with a good lending partner.
November 30th, 2022
This property is in a great area of New Orleans! Sellers moved into the house in 2017 and completely updated most of the house (the showers are still old) I will do minor touchup work then rent this place out and refinance it.
November 23rd, 2022
Currently have a 2/2 with a 1/1 casita in the backyard and converting to a 3/2 with new upgrades to add to our rental portfolio. We are giving 2 options on this deal. 1st Lien Position Total Price & Rehab 2nd Lien Position Option Rehab Budget only** Purchase Price $158K Rehab & Furnished $60K ARV $265K (Current Market Comps) Rehab time 60 Days (including the holiday season) Looking for a loan for 6 months and will refinance to for our short-mid term rental portfolio. We are seasoned investors and I am a qualified licensed GC in FL to have done over 50+ rehabs in my career. We have done 12 for 2022 in SA TX. We have a detailed Rehab Budget, Home Inspection Report available to anyone serious in lending. We are looking for someone no later than Dec 1. Please feel free to reach out. Opportunity: 1st Lien position Total price $218,000 @ 12% annualized for 6 months-12 months. 2nd Lien Position – Rehab Only $60K @ 10% annualized for 6 months.
November 22nd, 2022
We are offering 10% annual simple interest return, paid monthly, and a first position lien on the property to secure your investment. Lender will also be added to the insurance policy as a beneficiary. Seeking an initial term of 12 months, subject to renewal for an additional 12 months if both sides agree, with no prepayment penalties. Give me a call on my personal cell at: 863-660-2088, or email me at [email protected] and we can chat more! This is a small purchase price and large renovation – I would be happy to share the details over a call. Thanks!
November 17th, 2022
Connect your capital with a great cause! Seeking a loan of $200,000 at 12% interest only for 48 months, 2nd position lien. $2000 monthly payment, $200,000 balloon payment at end of term plus 5% additional equity. Projected Total Annualized Return 16% Pleasant Places RAL, Inc. Our mission is to provide safe, high quality and upscale assisted living group housing in residential areas which include 24-hour on-site care services for senior citizens. We also strive to provide our Investors with a safe, secure and respectable return on their investment. “Seniors deserve the comfort of a residential home where they receive the assistance and care they need to continue living with dignity and respect.” Join us as we strive to “Do good and Do Well”!
November 16th, 2022
Seeking a loan of $175k @ 10% simple interest, paid monthly, for an initial term of 12 months (subject to renewal if desired) with a first position lien on the property. Of course, lender will also be added to the insurance policy as a beneficiary, as is customary on all of our deals. We are building a 1 bed 1 bath log cabin to be used as a short-term rental in a highly sought after, yet small and quiet town in the Smokie Mountains! Give me a call on my cell at (407) 748-6943, or email me at: [email protected] and let's chat about this awesome deal!
November 16th, 2022
The address of this property is 508 mount street in greenfield Indiana. I am under contract for 55k, I get all of my deals off market. It is tenant occupied, we got permission to give the tenants a 30 day notice already so the countdown has started. My GC has walked it already and is sending me a formal estimate. We are going to be around the 30-35k ball park when we are all said and done. ARV's on a 3/1 on a property 2 streets over just sold for 170k. We are going to make it look better with higher end finishes. I think with the market downturn I am expecting somewhere around the 160-165 mark. I take mainly video's when walking properties to give an idea of a layout as well as commentary. I am not able to upload these videos on PMC for some reason but if you are interested in lending on this deal then I can send them via email!
November 10th, 2022
New opportunity to be a part of this super flip! Fabulous rental property! Offering 12% for 2nd lien paid by cashflow (currently renting for $1,545.00) on this 4-bedroom, 2-bathroom home recent remodel. New paint, new flooring, new granite, new appliances, and updated bathrooms. Value of this rental is now $165K. 12% Simple interest on $20K investment with a 5 / 7-year term for the property located at 3635 Munich Dr., Augusta, GA 30906. 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 1,129 transactions in the past 8 years.
November 7th, 2022
New opportunity to be a part of this fabulous flip! Newest rental property offering 12% for 2nd lien paid by cashflow (currently renting for $1,295.00) on this 3-bedroom, 2-bathroom home recent remodel. New paint, new flooring, new granite, and updated bathrooms. Value of this rental is now $160K. 12% Simple interest on $20K investment with a 5 / 7-year term for the property located at 2028 Wharton Dr, Augusta, GA 30904. 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 1,127 transactions in the past 8 years.
November 7th, 2022
New opportunity to be a part of this great flip! Offering 12% for 1st lien fix and flip on this soon to be 3-bedroom, 2-bathroom home. This is a complete overhaul. Rebuild Foundation, reconfigure house from a 2/1 to a 3/2, new paint, new floors, new electrical, new plumbing, new exterior siding, HVAC system, new landscaping in front and 2 new bathrooms. Future value of this property will be 179,900. 12% Simple interest on $128K investment with a 12-month term for the property at 1100 Ingram St Oxford, AL 36203. 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 1,128 transactions in the past 8 years.
November 7th, 2022
Working on an acquisition for 3 multi-family properties in central Illinois. We already have a large footprint in this market with nearly 100 doors between me and my partner. My partner is the Operator of the company and has full management team in place. These properties are a 10plex, a 6plex and a triplex. We need funding for acquisition and will be handling any and all rehab expenses ourselves. which are minimal. We're offering a 12% interest only payment for 2 years. Would also be willing to discuss some equity in the deal for the duration of the loan so that the lender can also participate in cash flow. Our exit strategy is to refinance the property with a local bank within the year as we finish revitalizing the units and increasing rents. The seller is retiring and we've negotiated this deal for over 3 months to get it at the price that makes most sense and gives us best downside protection in a changing marketplace. We've anticipated rates going up as high as 10% on a 20 year fixed with the bank due to market conditions and the DSCR will still be well within guidelines along with the income approach value of the properties. Personal Financial Statements are available for review.
November 1st, 2022
FIRST LIEN POSITION. This deal is 12 % interest only on $130,000. Mailbox money of 650.00 a month for 24 months. Your bank will never pay you $650.00 a month on your money, BUT I WILL!
October 26th, 2022
Sneads Ferry, NC Shrimping village, restaurants, quiet vacation spot between Wilmington and Jacksonville, NC. A few miles from the inlet by boat on this inter coastal waterway creek. Near Topsail Beach! Waterfront property ready for a flip and high return!
October 24th, 2022
318 Summerland Ave is a great flip with potential for high returns. It’s a one of a kind mature property with over an acre lot. The house features steep gables around this brick home surrounded by Angel Oaks on all sides. The neighborhood does not have large lot offerings and this will sell very quickly with room for children and adults to play. Please take a look and let me know if you need to see the analysis. This is 2nd position lien.
October 23rd, 2022
We are seeking a construction loan of $160,000 to build our 3 bed 2 bath log cabin on our 3.5 acre parcel in the Blue Ridge mountains in GA. We own the land outright – valued at $50,000 – and are looking to offer a first position lien to get this thing up and cash-flowing! We are going to be listing it across multiple booking platforms and will actually be able to build another structure on the property – an A-frame – once this one's complete! Lender will also be added to the insurance policy as a beneficiary, as is standard procedure, at least for us. We need a 2 year term on interest only and can cash out refi to return principal beginning year 3, or leave the money in longer if desired by both sides. 12% is annual and will be repaid monthly. From our numbers, we will conservatively be NET positive a minimum of $40,000/yr. on just the log cabin's income! After the A-frame is up we'll be closer to $80,000 yr. NET!
October 20th, 2022
Awesome views with this country home sitting on 1 acre but surrounded by views of pastures and meadows in Saluda, SC. This house ARV’s at 380K with appraisal on file. This investment is gap funding with hard money lending taking 1st position and we are looking for a 2nd position lender for rehab and expenses during the hold period of 6 months.
October 19th, 2022