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Updated about 11 years ago on . Most recent reply

User Stats

164
Posts
37
Votes
Peter Grosso
  • Real Estate Agent
  • Farmingville, NY
37
Votes |
164
Posts

Package of 44 houses for Repair and Resale

Peter Grosso
  • Real Estate Agent
  • Farmingville, NY
Posted

Properties are already owned, we are seeking $475,000 in as little as $25,000 increments.  This is sort of a "Waterfall" investment.   The $475,000 will cover all expenses for the renovation of the the first 13 Properties.  Investors will have all their capital returned to them plus 25% ($593,750) by the end of the sale of the 13th property.    The remaining cash will be used to turn the remaining houses into turn-key properties for investors.  The investors will receive an additional 5% equity in those properties.  

The expected ROI for these investors will be 37%

Please PM me for the investor information packet, I can't seem to link it onto here. 

  • Peter Grosso
  • Loading replies...