Classifieds
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated 5 months ago,
Private Lender Opportunity 15% CoC
I hope all is well!
Would you be interested in funding a BRRR for a property in Albany, NY my team at GSS Development Group currently has under contract?
We’re looking for investors to lendmoney at a 15% annual interest rate, paid at the end of the project (roughly 6 months).
This loan will be backed by a promissory note and a mortgage security document.
- Total Project Costs (Rehab + Purchase): $150,000
- ARV: $250,000
- Return: 15% Annual Return
- Project Timeline: 12 Month Max Term, with the option to repay sooner
- Refinancing 75-80% of ARV
- Lender take first position lien
- Minimum Investment: $30,000
(Really looking for one group or investor)
As an example of our track record with our flips, we recently completed the sale of this flip. We purchased it for $406,000 and successfully sold it at $625,000, easily paying back our private money lenders on this deal.
Private lenders or group no hard money!
Looking for
New York City, New York