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Updated over 7 years ago on . Most recent reply

User Stats

46
Posts
11
Votes
Joe Hughes
  • Investor
  • Triadelphia, WV
11
Votes |
46
Posts

Small project/big returns

Joe Hughes
  • Investor
  • Triadelphia, WV
Posted
I am going to be closing on a small buy and hold rental. Looking to partner with someone on the financing. Investment is $15,000 Monthly interest only payment of 1%, $150.00 Principal of $15,000 returned after 12 months $1800 return (12% annualized) Secured by note and first lien mortgage Perfect for the first time Private Money Lender. Great opportunity to start down the path of PML without putting forward a huge amount of cash. You may ask; why do I need funding for such a small amount? I don't. I have self funded a majority of my 25+ projects, but I am looking to scale up my business and I want to get started slowly and small with my first funding. I will be happy to answer any questions. Feel free to message me.

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