Classifieds
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
Looking for Private Money Lenders to Invest in our 2 Flip Projects
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
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!
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
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
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
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
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
@Marco Chaidez I didn't get a DM from you. Can you resend or you can email me directly at [email protected]
- Sean Richway