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Updated over 10 years ago on .

User Stats

49
Posts
4
Votes
Randy Gross
  • Saint Cloud, FL
4
Votes |
49
Posts

Partner Needed Florida SFR 3/2/2

Randy Gross
  • Saint Cloud, FL
Posted

RE: Palm Bay, FL. 32907

3/2/2 1300+ sq. ft.

Current value: $70,000.00

ARV Value: $100,000.00

Amount Needed $15,000.00 to finish rehab.

Rental Amt. 950.00 - 1100.00 a month

no mortgage, home has a 2,500.00 lien

Home is placed in an LLC.

100 shares (valued at $1,000.00 each)

Receive investment + 30% of investment in Shares 

invest 15k receive 20 shares

Receive residual income from net rental proceeds relevance to % of ownership.

I have right to repurchase shares at $1,000.00 each. (most likely it would be 4-6 years till I can repurchase shares over time)

Optional Property Management:

You Can Mange Property, I can or a property management company can mange property