Active
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 20, 2023
Active
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 20, 2023
Active
Small single family vacant home. In need of updating, large rehab of kitchen and bathroom planned. The effort will be focused on matching the fit and finishes of a near by property that recently sold for $116,000. This will be a 3 month hold with a rehab and sell with an expected ARV of $105,000. The principle and interest would be returned to the investor once the property sells in 3-6 months after initial funding. I have recently completed a very similar flip and turned to long term rental in Denver.
$20,000
Mar 13, 2023
Fully Funded
This is a 4 bed 3 bath home that sits on 4 acres with a pond! At the front of the property, it has 2 pads that have power, water, and septic hookups. This property will either be flipped quickly or held for long term rental cashflow.
$140,000
Mar 8, 2023
Fully Funded
Junior mortgage opportunity on a triplex flip project in Cleveland for a PMC member with $17k to cover down payment and closing costs. 12 month term, time to exit 6+ months, no PPP.
$17,000
Mar 6, 2023
Active
Active
Active
This is a deal just outside of Columbus Indiana in a more rural area that has a lot of potential. Columbus Indiana is a super high demand market and it is where Cummins headquarters is located.
There are a ton of wealthy individuals there; to the west of this property there is a lake that has multiple million dollar houses on it and it's just right down the road. Overall if you look at any house in or around Columbus and it's priced even in the relative area that it's supposed to be it will typically sell between one or two days on market. This is a property that we pulled off of a vacant list. We talked to the guy and he owns apartment buildings and some other properties around there and just hasn't had time to get to this property. We are currently under contract for $40,000 and it looks like our rehab is right at 60,000. Arv on this house looks like it would be around $200,000 conservatively. We are able to transition this house into a three bedroom one bath from a two bedroom one bath. Realistically we are going to list this around 210 and we think it will sell pretty quickly there.
8351 W 450 S, Columbus, IN 47201 is a great comp down the road it sold for 221,100, 2 days on market for 11k above list price. It has less than half the land. It is 200 sq ft bigger and has a nicer detached garage. They did not update the interior of the home at all. It screams old.
8681 W 450 S, Columbus, IN 47201 is also a good comp, it has another bathroom. But again only has .46 acres to the subject property's 1.25. This sold one day on market for 230,000. They redid this one on the inside. Ultimately we look to be in and out of this one within 4-5 months
$100,000
Feb 20, 2023
Active
(Better format with clickable links available in DOCUMENTS section) Have one lender that can do 50k, so need about 90k more. Will settle around February 20, 2023.
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:
130 N. Monastery Ave.
Baltimore, MD 21229
https://www.redfin.com/MD/Baltimore/130-N-Monastery-Ave-21229/home/10988507
https://share.icloud.com/photos/080m6u4y3VZ9IuSwnWVrGzRAQ
130 N Monastery Ave
purchase $ 82,500.00
closing costs 8% $ 6,600.00
rehab $ 75,000.00
total purchase $ 164,100.00
sell $ 190,000.00
selling fees 5.5% $ 10,450.00
profit $ 15,450.00
return% 9%
70% LTV $ 133,000.00
COMPS (from my agent who usually sells/lists my properties)
https://matrix.brightmls.com/Matrix/Public/Portal.aspx?ID=DE-1949318981397&eml=dG9tQHRoZWF0d29vZHRlYW0uY29t
We would like to borrow $140k (~73% of ARV which is 190k), 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)
$140,000
1 year loan
10% annual rate, interest only
$1166.67 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!
$140,000
Feb 2, 2023
Active
(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, 2023
Fully Funded
Photos coming soon. This is a Refinance. This property needs ZERO repairs and is move in ready. Our plan for this property, like most you've seen, is to hold for 2 years as a Lease Purchase to our backend Tenant Buyer. We give them the keys to lease for two years, and it is their responsibility to secure financing for the property at the end of the term to cash us (and YOU) out of the deal. With an investment of $175,000 you'll receive interest only payments of $1,458/mo for 24 months. If you're interested thus far, text "Choctaw" to 334-306-2502 and my team will tell you how to make an additional 4% interest!
$175,000
Dec 29, 2022
Fully Funded
This property needs minimal cosmetic repairs to be move in ready. Our plan for this property, like most you've seen, is to hold for 2 years as a Lease Purchase to our backend Tenant Buyer. We give them the keys to lease for two years, and it is their responsibility to secure financing for the property at the end of the term to cash us (and YOU) out of the deal. With an investment of $248,000 you'll receive interest only payments of $2,067/mo for 24 months. If you're interested thus far, text "Choctaw" to 334-306-2502 and my team will tell you how to make an additional 4% interest!
$248,000
Dec 29, 2022
Active
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.
$60,000
Dec 5, 2022
Active
Beautiful single family home. Ready to rent after renovations. Offering first position lien and 12% interest paid monthly. Market rental rate is $1,750/mo.
$150,000
Nov 17, 2022
Fully Funded
1021 N Franklin St, Shamokin, PA 17872
ARV: $163k
Market Rent: $1,950/mo
OFV: $225k
Insurance: $130/mo
Taxes: $1,138/yr
Principal: $967.14/mo
Down Payment: $4k
Loan Amount: $90k
OFV: $225k
Purchase: $48k
Borrow: $52k @ 10% Interest Only Over 5yrs w/ Balloon Payment
LTV: 23%
Non Recourse: If I do not pay you back as agreed, you get the deed to the property
ROI Per Yr: 10%
Monthly Payment: $433.33
Interest Per Yr: $5,200
Total Interest: $26,000
Balloon Payment: $52,000
Total Earned: $88,000
$52,000
Nov 16, 2022
Active
Brick Ranch 4 bedroom 2 bath on 4 acres, 15 min from Augusta, 10 min from Aiken, needs light rehab, kitchen updates, bathroom remodels, some plumbing and electrical, yard clean up.
$150,000
Nov 7, 2022
Fully Funded
https://www.canva.com/design/DAFQn0hZSHQ/eKi9aOWlH8GlOXT8UJZfCA/view?utm_content=DAFQn0hZSHQ&utm_campaign=designshare&utm_medium=link&utm_source=homepage_design_menu
ARV: $165k
Rents: $1,300/mo
Insurance: $130/mo
Taxes: $38/yr
Principal: $1200/mo
OFV: $142.9k
Down Payment: $6k
Loan Amount: $136.9k
ROI Per Yr: 10%
Monthly Payment: $550
Interest Per Yr: $6,600
Total Interest: $33,000
Balloon Payment: $66,000
Total Earned: $99,000
1st Payment Due: No later than 45 days after closing
$66,000
Oct 31, 2022
Fully Funded
With the pending acquisition of 5614 Donson Way, Lawrenceville, PA 15201, we are glad to present this asset to our partners as a wonderful and secure investment that has the potential to yield a good rate of return in a minimal amount of time. Located in Pittsburgh, PA, this property is in a desirable area of the city and in a neighborhood close to Lawrenceville and Highland Park consistently yields high rents and has similar properties being sold as Standard Sales within 30 days on the market.
We are purchasing this property from the MLS for a cost of $155,000. It has an After-Repair Value of $430,000 and is in need of approximately $155,000 worth of rehab. Once rehab is complete, this home will by far exceed other homes in this market area. The job will include all quality materials, including new countertops, new flooring, fresh paint inside and outside, new windows, new appliances, central heat/air, roof, renovated bathroom, and we will add a full bath and a half bath and new lighting. Rehab will not expand the square footage of the property. This property has a close date of on or before November 7, 2022.
We are requesting for the following for the following rate:
1st Lien Position
$319,000
12% interest only monthly payment.
or
15% interest only payment deferred until the flip is sold and payed in a lump sum during closing.
2nd Lien Position (behind a hard money loan)
$85,000
15% interest only monthly payment.
or
18% interest only payment deferred until the flip is sold and payed in a lump sum during closing.
Please note that we are open to negotiation if you are interested in the project but want to discuss the rates.
Please see our Loom video further explaining our deal:
$319,000
Oct 28, 2022
Active
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!
$120,000
Oct 24, 2022
Active
We are seeking 42,000 for a 12% annualized return for mailbox money for 6 months. $420/month, $2,520/6 m. We will renovate, refinance and rent at $1200/month this creative financed property and you will have a second position lien during the rehab. At refinance, we can discuss long term returns as we sometimes Lease Option this type to a new buyer for a better return.
$42,000
Oct 23, 2022