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Updated 7 months ago on . Most recent reply

User Stats

23
Posts
5
Votes
Jonathan Pechmajou
  • Investor
  • West Palm Beach, FL
5
Votes |
23
Posts

SEEKING Equity Partner - 88k for a 13% COC Return - Florida Market

Jonathan Pechmajou
  • Investor
  • West Palm Beach, FL
Posted

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

  • Jonathan Pechmajou
  • Loading replies...