Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Classifieds
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated 12 days ago, 11/07/2024

User Stats

230
Posts
29
Votes
Marco Chaidez
Professional Services
  • Flipper/Rehabber
  • Mission Viejo CA
29
Votes |
230
Posts

Looking for Private Money Lenders to Invest in our 2 Flip Projects

Marco Chaidez
Professional Services
  • Flipper/Rehabber
  • Mission Viejo CA
Posted
Hello Fellow Investors!

We are experienced flippers here in Orange County, and we currently have two flip projects available. We are offering a 15% fixed rate for a 12-month term for our Private Money Lenders. Don't miss out! Here are snapshots of the projects:

1) 18222 Impala Dr, Tustin, CA 92780

ARV : $1,700,000
Purchase Price: $1,150,000
Total Project Rehab Cost: $250,000

TOTAL CAPITAL TO RAISE : $250,000

Seeking To Raise all of it or a percentage of the entire funds necessary

Property View: https://www.instagram.com/p/C9eBhCWSH-s/

Zillow: https://www.zillow.com/homes/18222-Impala-Dr,-Tustin,-CA-927...

***Minimum Investment Amount : $50,000***


2)
235 Via Ballena, San Clemente, CA 92672

ARV : $2,400,000
Purchase Price: $1,300,000
Total Project Rehab Cost: $350,000

TOTAL CAPITAL TO RAISE : $350,000

Property View: https://www.instagram.com/p/C5Bxr6SyugJ/

***Minimum Investment Amount : $50,000***

Please let me know if this is something that would be of interest.

You can call me or message me to discuss at 949-278-1564.

Thank you,

Marco Chaidez

  • Marco Chaidez

User Stats

191
Posts
86
Votes
Replied

Hi Marco, 

Any reason you don't want the purchase price financed with it? It would be easiest to get this secured with a hard money loan where 80-85% of the purhase is funded + 100% of rehab cost, and our company would only be around 10.5% interest on the whole property! 

User Stats

230
Posts
29
Votes
Marco Chaidez
Professional Services
  • Flipper/Rehabber
  • Mission Viejo CA
29
Votes |
230
Posts
Marco Chaidez
Professional Services
  • Flipper/Rehabber
  • Mission Viejo CA
Replied

Hello Mary,

Our current strategy is to bring in private funding for the rehab while keeping the purchase price separate. We've found this structure offers more flexibility in our partnerships and aligns better with the investment goals of our private lenders.

That said, we’re definitely open to exploring options if there’s a compelling benefit to bundling both under one loan. Your 10.5% interest rate is certainly competitive, and if you think there’s a unique advantage here, I’d love to discuss it further.

  • Marco Chaidez
BiggerPockets logo
BiggerPockets
|
Sponsored
Find an investor-friendly agent in your market TODAY Get matched with our network of trusted, local, investor friendly agents in under 2 minutes

User Stats

191
Posts
86
Votes
Replied
Quote from @Marco Chaidez:

Hello Mary,

Our current strategy is to bring in private funding for the rehab while keeping the purchase price separate. We've found this structure offers more flexibility in our partnerships and aligns better with the investment goals of our private lenders.

That said, we’re definitely open to exploring options if there’s a compelling benefit to bundling both under one loan. Your 10.5% interest rate is certainly competitive, and if you think there’s a unique advantage here, I’d love to discuss it further.

 @Marco Chaidez Great, I just sent you more info over DM to see if you're interested in what we could do, hopefully it helps! 

User Stats

1,299
Posts
136
Votes
Sean Richway
Lender
  • Lender
  • Chevy Chase, MD
136
Votes |
1,299
Posts
Sean Richway
Lender
  • Lender
  • Chevy Chase, MD
Replied

@Marco Chaidez  

We would take a look at this. Direct lender and we make fast decisions, no time wasting. Up to 90% of purchase and 100% of rehab with rates starting at 8.75%. We allow the borrower to secure their own appraisal as well.

  • Sean Richway
business profile image
Infinity Capital Finance
5.0 stars
3 Reviews

User Stats

230
Posts
29
Votes
Marco Chaidez
Professional Services
  • Flipper/Rehabber
  • Mission Viejo CA
29
Votes |
230
Posts
Marco Chaidez
Professional Services
  • Flipper/Rehabber
  • Mission Viejo CA
Replied
Quote from @Mary Ainsworth: Thank you! I have replied to your DM. :)
Quote from @Marco Chaidez:

Hello Mary,

Our current strategy is to bring in private funding for the rehab while keeping the purchase price separate. We've found this structure offers more flexibility in our partnerships and aligns better with the investment goals of our private lenders.

That said, we’re definitely open to exploring options if there’s a compelling benefit to bundling both under one loan. Your 10.5% interest rate is certainly competitive, and if you think there’s a unique advantage here, I’d love to discuss it further.

 @Marco Chaidez Great, I just sent you more info over DM to see if you're interested in what we could do, hopefully it helps! 

  • Marco Chaidez

User Stats

230
Posts
29
Votes
Marco Chaidez
Professional Services
  • Flipper/Rehabber
  • Mission Viejo CA
29
Votes |
230
Posts
Marco Chaidez
Professional Services
  • Flipper/Rehabber
  • Mission Viejo CA
Replied
Quote from @Sean Richway: I appreciate this info. I have messaged you via DM. 

@Marco Chaidez  

We would take a look at this. Direct lender and we make fast decisions, no time wasting. Up to 90% of purchase and 100% of rehab with rates starting at 8.75%. We allow the borrower to secure their own appraisal as well.


  • Marco Chaidez

User Stats

1,299
Posts
136
Votes
Sean Richway
Lender
  • Lender
  • Chevy Chase, MD
136
Votes |
1,299
Posts
Sean Richway
Lender
  • Lender
  • Chevy Chase, MD
Replied

@Marco Chaidez  I didn't get a DM from you.  Can you resend or you can email me directly at [email protected]

  • Sean Richway
business profile image
Infinity Capital Finance
5.0 stars
3 Reviews