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Updated 5 months ago,
SEEKING Equity Partner - 88k for a 13% COC Return - Florida Market
Hello -
We're currently seeking an Equity Partner on a 1999 3/2 Single Family Home in Ocala for an 88k Entry Fee and providing 13% Cash on Cash Return for the Equity Partner
The Property is under contract Subject to a 2.75% Mortgage on it
Exit is a Lease Option that converts into a Wrap after 3 years ( 6.55% Interest) amortized over 40 years.
Equity partner will receive 100% Cashflow until Principal is paid back, 40% of the downpayment, 40% of equity on top of the principal and 40% of depreciation.
We have the full package for review.
COE is 9/7/24