Active
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
Fully Funded
Deal includes 1 home, and 2 multi family duplexes. Looking for $75,000 to purchase in first lien position with a loan term of 12 months during remodel at 14% for this buy and hold.
Would like to rehab one of the duplexes using PMC as well, so that can also be talked about and I can provide documents and more information on that.
$195,000
Jul 27, 2023
Active
6737 Riverwood, Live Oak, TX 78233
5.25% interest rate
PITI $2750 (Subject to $349K underlying mortgage)
$20K seller finance note for part of the down payment (additional $100/ mo)
Total monthly Expenses: $2850
$15K to the seller
$3.5K closing costs
$8K wholesaler
$10K Reed Finding/Set up Fee to get stabilized
$8.5K holding costs (3-month runway)
$5K Furnishing/Marketing/Photos
$10K Additional bedroom Reno (2 Bedroom)
Seeking a Total Entry Fee of: $60K
Total projected monthyl gross: $5,350
Projected Monthly Net: $2500
*Making into a 6 bedroom
$3.5 EMD due Monday / Closing the 28th
$60,000
Jul 18, 2023
Active
We are excited to present you with a highly profitable real estate investment opportunity in the thriving city of Little Rock, Arkansas. This venture involves a strategic fix and flip project that promises exceptional returns. By providing funding for this deal, you can earn an impressive 16% Annual Percentage Rate (APR) while capitalizing on the strong real estate market in the area.
Property Details: We have successfully secured a promising property under contract for the favorable price of $40,000. This property presents significant potential for value appreciation through a strategic renovation and subsequent resale. To transform the property into a highly desirable home, we estimate that an additional investment of approximately $35,000 will be required, bringing the total investment to approximately $75,000.
Projected Returns: Upon completion of the renovation, we anticipate the property's After Repair Value (ARV) to range between $115,000 and $125,000. This conservative estimate is based on thorough market analysis, taking into account the demand for renovated homes in the area. With the increase in value, your investment could generate substantial profits.
Investment Strategy: Our strategy for this investment opportunity is to acquire the property, execute a comprehensive renovation plan, and subsequently sell it for a significant profit. With careful planning and meticulous attention to detail, we will transform the property into a modern, attractive home that appeals to buyers in the Little Rock market. This approach aims to maximize the property's potential and ensure an optimal return on investment.
Benefits of Investing in Little Rock, Arkansas: Little Rock is a city known for its strong real estate market and consistent economic growth. The area offers a favorable climate for fix and flip investments, with increasing demand for renovated properties. The city's robust job market, affordable housing market, and growing population contribute to the rising property values, making it an ideal location for investors seeking substantial returns.
Investor Benefits:
High Return Potential: This investment opportunity offers an attractive 16% APR, significantly surpassing traditional investment avenues.
Tangible Asset Security: As an investor, your investment is secured by the property itself, providing a tangible and valuable asset as collateral.
Short Investment Duration: The anticipated renovation and resale timeline is projected to be relatively short-term, allowing for a quick turnaround and potential accelerated profits.
Seize the Opportunity: This exclusive real estate investment opportunity in Little Rock, Arkansas, presents a compelling prospect for investors seeking substantial returns. By participating in this fix and flip project, you have the chance to leverage the strong market conditions and the property's potential value appreciation. Don't miss out on the opportunity to capitalize on the flourishing real estate market in Little Rock.
Please note that all investments carry some level of risk, and it is advisable to conduct due diligence and seek professional advice before making any financial decisions.
$40,000
Jun 15, 2023
Active
New opportunity to be a part of this exciting opportunity. Offering 12% for Rental Backed Micro loan (HELOC) on this 3-Bedroom 2-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 12/18 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% @ 12/18 annualized. Looking to tap into equity.
$30,000
Jun 5, 2023
Active
New opportunity to be a part of this exciting flip. Offering 12% for Rental Backed Microloan (HELOC) on this 4-Bedroom 2 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 2006. If interested let me know and can provide detailed information. Currently, have $91K in equity in the home.
$50,000
Jun 5, 2023
Active
Currently have a 5/3 and converting to an 8/7 separate units 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** 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
$450,000
Jun 5, 2023
Active
New opportunity to be a part of this exciting flip. Offering 12% for Rental Backed Microloan (HELOC) on this 3-Bedroom 2 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 2006. If interested let me know and can provide detailed information. Currently have $97K in equity in the home.
$50,000
Jun 5, 2023
Fully Funded
A 4/2 built in 2014. This property needs minor cosmetics to get back on the market quickly. The property is located in a subdivision where properties don't sit on the market for long.
$200,000
May 23, 2023
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
This is a Duplex in need of some rehab work with 2-beds and 1-bath on ground level, 2-beds and 1-bath on upper level. Both rented month to month currently. Plan will be to complete a rehab of the kitchens, bathrooms, paint and flooring in both units. Refinance after 6 months seasoning period with updated appraisal. Investor will received either option: monthly interest only payments or lump sum of total interest accrued at 6 months.
$63,000
Mar 18, 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
Active
15% ROI NO BRAINER SFH Deal in an upcoming neighborhood (LONE STAR DISTRICT) in San Antonio TX
$75,000
Mar 13, 2023
Active
Duplex on the east side of Indianapolis. Identical one bedroom, one bath units complete with appliances. Both units are tenant occupied. Older home needing some cosmetic rehab. – We plan to buy this home with cash, perform a cosmetic rehab and then rent it out. It is currently rented on month-to-month. This is a BRRRR with the investment being paid out once the refinance is complete with a DSCR loan.
$104,000
Mar 12, 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