Gap Funding Opportunity - San Francisco - Bay Area

[Peter K.]

Hello Fellow BPers. Do you have money $100K or more "parked" and making little interest? Here is an opportunity to earn 20% ROI or more.

My team is in contract for a great rehab or wholetail opportunity in Portrero Hill area of San Francisco. 

We have a first position lender lined up and are offering a 2nd position note to a private lender (or Hard Money) or possibly an equity/JV arrangement.

Purchase price - $920K

Rehab  -   $350K

ARV - $1.8M

Exit 1: Wholetail with a 45 day exit.

Exit 2:  Complete rehab project in under 9 months and flip for a higher profit margin.  Rehab includes converting basement and attic to permitted square footage, doubling the livable s.f. 

Call me at 408-475-8180 , PM or email me at [email protected] and I can share a dropbox link to the Proforma to a qualified partner. 

Happy Investing!

Peter Karasseferian

[Account Closed]

@Jay Hinrichs,

As Peter mentioned above, I have met and talked with him quite a few times at meet-ups. A group of us BP investors even went out for a late dinner in Mountain View after listening to Bruce Norris at SJREI a couple of months ago. 

Peter seems like an honest and straight up guy to me. It seems he knows the REI business. I haven't done any business with Peter.........yet. However, I have JV'ed with two Bay Arean BP members, and we exited the deal last month with over $230k net profit, or 41% ROI. I have also done some lending to some BP members, but I'm very very very selective to whom I lend to as I'm not in the lending business.

Although I'm looking forward to doing more deals with local fellow BP investors, my partner and I have been keeping all the deals to ourselves lately due to not enough deal flow. Once we get more deal flow, we're open to more JV's.