1902 sqft SFH with 3 bed, 3 baths, with an extra room that can be turned into a bedroom or home office. Needs light repairs.
$95,000
May 28, 2024
15% ROI NO BRAINER SFH Deal in an upcoming neighborhood (LONE STAR DISTRICT) in San Antonio TX
$75,000
Mar 22, 2024
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 75 Days. Looking for a loan for 9-12 months and will refinance to for our short-mid term rental portfolio. We are seasoned investors, in real estate since 2006. 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 alone. We have a detailed Rehab Budget, and Home Inspection Report available to anyone serious about lending. 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.
$218,000
Mar 22, 2024
New opportunity to be a part of this exciting flip. Offering 12% for Rental Backed Micro loan (HELOC) on this 3-Bedroom 1-bathroom home.
Currently seeking PMLs for Micro-loans for improvements to some of our currently cash-flowing properties. 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 been in real estate investing since 2007. If interested let me know and can provide detailed information. 12% @ 12 annualized. Looking to tap into equity for some minor upgrades.
$30,000
Mar 22, 2024
7 unit apartment complex built in 1980, consisting of a 4-unit, and 3-unit building, in the nicest part of town.
Hi, my name is Jay Anderson. I have 26 years of owning, renovating, and renting in this small college town in Montana. So that I'm not repeating myself, you can learn more about me in my bio.
I believe this property, once renovated will generate great cash flow. Besides myself, I have a great team of professionals in the trades, and management arena's to get this project completed in a timely fashion.
Please click on the documents tab to see the numbers.
To learn more about me and my projects, please reach out to:
jay@drminvestmentgroup.com
Thanks for your interest!
$450,000
Feb 9, 2024
(Better format with clickable links available in DOCUMENTS section) Will probably settle on 2/10.
Actually just got 3 properties under contract, but one is already funded. We have 2 houses under contract now that we're looking to fund:
511 N. Loudon Ave.
Baltimore, MD 21229
https://www.redfin.com/MD/Baltimore/511-N-Loudon-Ave-21229/home/10969106
https://share.icloud.com/photos/0dfUvZPfiZf84Ecbkd3mft1kA
511 N Loudon Ave
purchase $ 105,000.00
closing costs 8% $ 8,400.00
rehab $ 55,000.00
total purchase $ 168,400.00
sell $ 205,000.00
selling fees 5.5% $ 11,275.00
profit $ 25,325.00
return% 15%
70% LTV $ 143,500.00
COMPS (from my agent who usually sells/lists my properties)
https://matrix.brightmls.com/Matrix/Public/Portal.aspx?ID=DE-1948825989842&eml=dG9tQHRoZWF0d29vZHRlYW0uY29t
We would like to borrow $150k (~73% of ARV which is 205k), and need it by next week probably (around 2/10).
These deals usually take us about 6 months to flip/renovate/etc but we like to do a 1 year term to be safe, and we've done the loans in 2 ways, but can discuss other possible terms:
Option 1 Terms: (just like a bank/lender with a loan/mortgage secured by a property)
$150,000
1 year loan
10% annual rate, interest only
$1250 monthly payment
Loan Doc Fees to title attorney, David Miller (Terrain Title) will be paid by me
Pro-rate the interest for the current month, based on the day we settle, and I'll pay at settlement.
Lender/investor will put a lien on the property at settlement (we'll cover the cost) and I will also be buying an additional Title Policy to protect the lender
I also include a personal guarantee and confession of judgement
Lender also listed as "additionally insured" on my insurance policy
If you'd like to invest with us, but only part of the 140-150k, please let me know.
I can share an excel file with my track record (about 70 properties in Baltimore since late 2016), and also prepare a detailed estimated budget for this property, if requested.
If you or anyone else you know would like to earn a 10% annual return on their real estate investment, completely passively, please let me know soon. Thanks!
$150,000
Feb 2, 2024
6402 Lauren LN Pearland, TX 77584 | 4 Bed 3 bath | Purchase Price: $241K (Subject to) Interest Rate 3% | Term: 342 months remaining | PI: $1053.34 | Gross Rents: $3000 | Exit: Wrap | Net Revenue Before Payout: $2,963.76 | Gross Profit: $1,909.42 | Net Cash to Lender: $1,608.78/month | Net Cash to Borrower AFTER Lender distributions: $300.64 | COE: October 30th, 2023 | Note covers total entry fee (Cash to seller, closing costs, arrears, 3 months of holding costs) | Connect with me further on Socials: https://www.jonathannewsome.com
$44,500
Oct 5, 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