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Updated 11 days ago on . Most recent reply
Looking for a Bridge/Gap Loan
Hello BP! My partners and I are looking for bridge financing to keep our project moving. I've summarized what we are offering below regarding terms, but are open to a dialogue to see what can be a best fit for you and for our needs. Time is of the essence for our project so hopefully we can engage in a potential collaboration! Thank you so much for your time and consideration.
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Investment Opportunity – 12% Annualized Return
We’re offering a 12% annualized return on a 6-month loan (with a 3-month extension option) as we secure up to $100,000 in funding for our ongoing renovation project.
Use of Funds: Covering unexpected project costs, including:
✔️ New 2” water line installation
✔️ Additional permitted mechanical vents
✔️ Waterproofing improvements
✔️ Plumbing wastewater line testing & replacement
Security & Repayment:
🔹 Collateral: Second lien on the property + personal guarantees
🔹 Recorded Promissory Note via Premier Settlements
🔹 Exit Strategy: Refinance upon lease-up to repay all debts in full
Looking for a secured investment with strong returns? DM us for more details & a full pro forma.